Run, yes, probably. (While it's possible it's got Atom optimizations without fallbacks, I can't imagine actually doing it at this stage -- ability for more people to tinker with it would seem to trump the very slight performance edge.) But drivers might be missing for, e.g., video and network adapters; the Atom netbook platform is remarkably uniform in the wild, and presumably the Moorestowne devices (have any shipped? AFAIK only prototypes...) are even closer.