That's just going from the listed tech specs. I sincerely doubt the JooJoo is faster or easier to use than the iPad, nor do I think they will develop anything close to the App Store.
But no, the iPad is going to bury itself because it's locked-down and feature-anemic. Any competitor can beat this, and many are coming.
The Crunchpad/JooJoo seems like a dead project to me, so it doesn't take up any space in the forefront of my thoughts.
The irony I'm mentioning here is that if the Crunchpad had launched, the iPad would be inferior in every way: feature set, pricing, etc.
The Crunchpad has really never been more than vaporware (in essence). So any speculation about coulda/woulda/shoulda comparisons is kind of a pointless effort.
The history of the tech landscape is littered with visions and reality. I don't mean to be overly critical of your post, I'm just saying that I've long given up on comparing Vendor X's spec sheet or demo video to Vendor Y's actual shipped item.