Oh come on, those spec are pretty good. It doesnt matter if its highend or lowend, it matters if its fast enough and dual krait is fast. Sure it's not the fastest but its much faster than our old a8. Resolution? Its like you will ever hardly notice the difference. In webpages, yes of course but you would have to be 10years old to read a webpage without zooming it on a 5'' screen fullhd.
The thing that worries me is 1gb of ram, but still, how many of you remeber when 1gb was hard to fill on a pc? I believe it will be alright.
If we want a 'highend' jolla of your point of view we must support them and hope their third phone will be a 'highend'.