Well, Microsoft currently tells, WP8 will be ready in the latter half of 2012. So even if Elop said "we seem to need to wait another 12 months for Meego" in his burning-platform speech, still it would be faster to get Meego high end device out than WP8 high end device out. And WP7 is not suitable for high end devices, because it is not thread safe and cannot be run on dual-core platforms. So, yes it will be kind of funny, but also should be embarrassing to Elop. Of course Elop may want to sabotage Meego-development further to make sure it won't be ready until and of 2012 and then he has excuse to cancel it altogether.