I think TJ was trying to move on, and btw TJ it is definitely being released, at least in Japan.
Also, the Jungle is reported to be powered by Tegra, no mention of which version.
One other thing is that it seems like it's only able to play browser-based MMO's that could either be its bread and butter, or its demise. The games could be free, or really cheap, and it may have 3G which means contracts, and low launch price.