c|net - What a surprising move from Intel this is! Take a look at the demand for the Asus EeePC, then it becomes obvious why Intel will wants to invest into such a niche. It's growing massively! With these new processors, dubbed "Diamondville", Intel is moving away from it's multi-core strategy, using a totally new piece of silicon based on the 45nm manufacturing process. The aim of these processors is to offer low power consumption and low cost, whilst still offering decent performance. Although these processors are very similar to Intel's Celeron line-up, they are a completely new CPUs. The "Diamondville" line is purely single core, however there will be an exception, a dual core desktop version is going to come out sometime this year.
By now you must be asking yourself "well how do these guys perform?" According to Intel, they should be roughly the same performance as the Pentium M Series. That being said, that's definitely lots of performance for a processor that's aimed at laptops the size of the Asus EeePC, which currently are either rather slow, or ridiculously expensive.