I think the 1GB processor requirement is not a "hard" one. This was posted May 12th and lists "at least 512MB fast flash" and an ARMv6 processor which I believe the Qualcomm 7600 is.
http://www.intomobile.com/2009/05/12...ents-leak.html
TP2 specs:
http://pdadb.net/index.php?m=pdacomp...=1792&id3=1829
I'm not sure about "all requirements" (perepherals), but it seems the TP2 could potentially meet the bare minumum requirements. If not, the TP2 w/WM6.5 is no slouch so we really can't complain.