Should've checked the hardware specifications m8.
The Pandora runs a Cortex-A8 at 1GHz, which is almost exactly the same processor the N900 uses.
It's faster in the sense that browsing the web with more than 2 windows open doesn't lock up the entire device, but it's not worth the €500.

Wait for the Pyra
http://www.pyra-handheld.com/

Edit: "Fixed typo from checker to checked."