To be fair, your average Tom's Hardware reader with their i7 CPU's and Discrete Graphics Cards are hardly the targeted audience or market for Windows on ARM.
It looks to me like they are trying to bring a lightweight, always connected, and very long battery life laptop to students and professionals who mostly use browsers and common office apps. Might be especially attractive to folks who, when doing MORE then that, commonly then switch to a VM in the cloud or datacenter.
But yeah, if there are any compromises WITHIN those parameters, then this will likely go the way of Windows RT.