Clearly you haven't used OS X running on an Intel Atom processor then. I have no lag on my Dell Mini 9 running 10.5.7 -- in fact, for most of my uses, it is much faster than my 2.4GHz MacBook Pro.
Then there's something seriously wrong with your MBP. The procesor in it is *at least* 5x faster than the Atom, and that's before accounting for the dramatically faster video hardware.
Atom CPUs are _slow_. They're basically nothing more than a turbocharged Pentium MMX (yes, without even a 'II') on a big fat FSB.