Qualcomm's Snapdragon processors have been a hallmark of mobile devices for the past few years. Not content with keeping the party in your pockets, the Snapdragon is coming to your TV, to the tune of 1.5GHz quad-core processor mightiness.
In addition to those four-cores, the Snapdragon S4 MPQ8064 also has Adreno 320 graphics. So, basically we're talking about console-quality gaming, potentially, without the console. The S4 supports 1080p 3D and Dolby 7.1 Surround Sound. The architecture is built to work with Android, which means we're likely to see these integrated with Google TV. We've seen a rash of Google TV products lately from LG, Sony, and most recently Vizio, and Android games have been taking great leaps and bounds lately. The idea of my TV (or streaming box, or Blu-Ray player) having the power to run that gives me the geek-vapors.
UPDATE: Lenovo just showed off the aforementioned TV, which is running a version of Android 4.0 (Ice Cream Sandwich), and it did, indeed, look pretty impressive. The voice recognition seemed to work pretty well, despite the speaker's fairly thick accent, and the racing game they played looked great. Unfortunately it's looking like this first iteration is going to be China-only, but hopefully we'll get some similar goodness stateside in the near future. We'll update again if we get some hands-on time.