I thought it was a really weird decision by Qualcomm, too. Not sure what the trade off was.
I'm hoping that someone will build one from TI's OMAP3 chips like the Palm Pre, but I haven't heard anything.
But then, even if there is, you'll need to be able to handle both configs if you want to hit all the phones with the market. Imagine the same will be true once we get OpenGL ES 2.0, just like Apple is facing with the 3G S. Is this something the manifest file can specify?