Um, looks like 1x speed. I assume we'll have a clarification or comment (ie. damage control) soon from BBRV.
As "damage control" it'd be sufficient to say what can we expect compared to a Pegasos I. What is better (and if there is anything) what is worse.
The news item appeared pretty unexpectedly, and quite late in the night (european time), and that gave place to the wildest speculations.