The GEODE is already a low power CPU (see Raon Digital's Everun) that runs x86 code. Not quite as efficient as an ARM, but x86 compatibility counts for a lot.
A PDA is a special beast and people don't generally see it as a "computer". ARM does a great job there.
But as a netbook? Come on. If the guys selling x86 Linux netbooks think their product returns are too high because of the Linux OS, they'll have a stroke when people start returning ARM netbooks running linux that are incompatible with virtually all third party software.
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