I guess the main difference is that the Geode is x86-compatible. Clock speed is, of course, not a very good comparison by itself as you suggested, but I'm surprised that it may not be faster also.
At any rate, this one is x86 compatible and runs Windows so it fits the UMPC mold. With the way that Mobile devices are so sluggish, one would think that the current ARM processors would have even more trouble with Windows, but I'll defer to the hardware experts on this one.
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