It really wouldn't surprise me if some of the differences between similarly-specc'd machines come down to the early nature of the app or peculiarities to the OS install on the specific device.
Just as a quick anecdote on YouTube: my 1.5GHz 12" PBG4 running stock 10.5.8 can run 480p with no issue, but 720p is right out. My 1.67GHz 17" running a fresh Sorbet install struggled to even do that much - BUT after doing the customary permissions fix (which I forgot after first boot) it's better than the 12". My DC 2.3 G5 can run 1080p in stock 10.5.8 but barely runs 480p in 10.6.8a.
All this is to say, please keep at it!