wbmw - I doubt it. Why would they tip their hand now? So they can Osborne all their current products? They know they won't have anything for a few months, so why build up the new item too soon? Its time will come. And AMD's.
"If their Barcelona demo could have done more than run a few simple tests and display Task Manager without crashing"
To run Task Manager means they booted Windows. To boot Windows means everything, with the possible exceptions of floating point and virtualization, is working. So try again.