While I agree that the iPhone 4 is beginning to feel slower (I am still using mine), a single core A5 has design improvements that will improve performance, as well as power consumption. Considering that it is on a smaller process, it could even be clocked a bit higher to match the same power consumption while pushing out a little more performance. So it would definitely be faster than what is currently in an iPhone 4, but I am not sure how much faster. Realistically though, if they are shooting for the low cost market they have to cut corners somewhere and people willing to buy a cheap phone probably aren't going to complain too much about the performance so long as it works. Also, make note of how the A4 in the ATV2 only did 720p well, and with a single core A5 the ATV3 does 1080p without issue, Although that probably has more to do with the GPU than anything else.