The folks at IGN have uncovered a few new bits on the Nintendo Revolution console.

In shorthand...

Memory

The Revolution Console will have a memory supply of 104MBs. That number does not consider either the 512MBs of allegedly accessible Flash RAM or the Hollywood GPU's on-board memory, said to be 3MBs by sources.
Revolution's Broadway CPU, developed by IBM, is an extension of the Gekko CPU in GameCube, according to official Nintendo documentation passed to us by software houses. The Hollywood GPU, meanwhile, is believed to be an extension of the Flipper GPU in GameCube. S

Clock Rates

"Basically, take a GameCube, double the clock rate of the CPU and GPU and you're done."

Discs
Revolution discs can store 4.7GBs of data on a single layer or 8.5GBs when double-layered on a single-side.

Price
Developer say that Revolution should launch with a price tag of $149 or lower.