Unfortunately we won't be seeing any 1.5GHz Snapdragon-powered smartphones before the end of 2011, after Qualcomm's CEO mistakenly told assembled gatherers at an event today that they'd be arriving in Q1. What he meant to say was that the 1.2GHz Snapdragon chips would be arriving in Q1. Whoops.
We can look forward to 1080p video encoding and decoding in the MSM8260 and MSM8660 flavours of 1.2GHz chips, whereas the 1.5GHz Snapdragon (known only in the QSD8672 form so far) will support 1080p playback as well as DDR2, DDR3 and HDMI components. [SlashGear]