This (hypothetical N950) could succeed, If it would have at least all the hardware components the other high end devices have, like Samsung Galaxy S2: dual-core CPU >1Ghz, 1GB RAM, 8MP camera, A-GPS, NFC, digital compass, and so on.

Also if it would have Dalvik VM, many Android-developers and Android-fans would gladly transfer to Meego.

I am just afraid, that Elop really is that Trojan horse and even if there would be some kind of plans for N950, Elop will sabotage it somehow like not allowing high end hardware to end to this first Meego phone, because it would be a real threat to MSFT.