Yeah...no.

One person's typo/mistake gets blogged, and re-blogged and etc.
Clearly it's a 2gigs of flash memory (which is cheap). not 2gigs of RAM. geesh.

Oh and I predict a bit lower than $70 when it's all said and done.

Yeah I know that sucks.

Furthermore, clearly it's an ARM device, meaning it wouldn't be a stick of RAM, but rather at best modules soldered directly on the board, and at worst embedded deep in the motherboard.

Seeing as how you can't find (with few exceptions) a embedded device with more than 256MB of RAM, the person reporting 2GB is clueless.