Semi, I don't agree with your analysis of Intel's new Celeronized Celeron. They had to have planned this product long before realizing a couple weeks ago that they had overcapacity. I think Shelton, or whatever it's called, is simply a way to penetrate the most price conscious underdeveloped markets. It ought to be very easy to sell up most buyers to a regular Celeron when this chip has no cache and clocks at 1GHz.
By the way, is this chip a scaled down Celeron M or Celeron D? I would think the former, since a scaled down Celeron D doesn't need to go much lower than 1.5GHz.