Checkout the features:
"HTC has loaded it up with a 400MHz Samsung CPU! Can you say fast? If that wasn't reason enough to be excited, then I'm sure the Quad-Band (GSM/GPRS/EDGE) with UMTS (2100/850/1900), HSDPA and WiFi 802.11b/g will get your attention. No? Ok, how about 128MB ROM, 64MB RAM, Bluetooth 2.0, 2.4 inch 320x240 screen, 2 mega-pixel camera, and a 1050mAh battery all packed into a package that's just a little larger than the Excalibur."
The 400mhz is something that I've been asking for, for a long long time now. I can't wait!