True, but lack of drivers means reduced functionality or poor performance until such drivers are available. This, while perfectly true is a far cry from no, never.

A lot of chips sport Windows drivers or will do so. Maybe the GPU will be an issue, but the rest (GSM driver, GPS, BT) are still perfectly fine to use in newer phones and, thus, could have drivers.

CPU is capable of 1150 MHz, and will do so if the OS allows it, as it does on N900.

As for the other minimums, I am fairly certain they are there to provide smooth sailing. One can install and run XP in a lot less than the minimum requirements. Sure it will be slow(er), but for someone who has need of a feature that will never come to a Linux, it could be a great save.

I can't tell for sure because I have never tried, but if Desktop and CE versions are any indication it will run in 256M.

The biggest issue would be UI stuff without hardware support. With luck, some of the fancy stuff could be disabled. I doubt it will run the nice active wallpaper, but it could perform well for lesser apps, like office.

For example, navigation software runs fine on 400 MHz with no GPU acceleration in handheld devices. At a lower resolution, true. Still, I'd be willing to dual boot for that alone.