No mention of games. Strictly what was already covered about the GPU and the Data Move Engines from info we already know from Vgleaks.
Aww man... =(
I have a feeling that regardless of lower specs MS will surprise everyone with some great software when they finally unveil. I hope I'm not wrong...
They won't change specs to react to Sony IMO, but they can change a bit of the focus of the first unveiling. If the the games are there 95% of the gaming population will forget about specs.