Seems to be pretty good, but the price matters dramatically, for a $600-700 laptop this would be very good performance, but if the Phenom cores have not changed much then the clock speed really does need to go up to say 2.4GHz at least, with 2.8GHz+ being more ideal.
For a quad-core 2 GHz will probably be OK, but not that many applications really benefit, and for multitasking AMD will need to pull through with the software.
For the GPU, I would say 200SP's should be the minimum, and from the HD 3000 to Llano comparison I would peg the GPU at that. At 200 SP's it would be very decent for mainstream gaming at lower resolutions, playing most games quite smoothly at low-mid settings. However Llano could take a larger and higher chunk out if it gets a few versions with 300 or 400SP's.
All-in-all, this current 4 core, 1.8GHz, ~200SP version is very respectable and has a lot of potential, but AMD needs marketing, deals with OEMs, and more marketing.
What would I prefer? A 2 core, 2.6Ghz over this CPU, and maybe just a bit more SP's.
Oh! And overclocking support.