The amount of RAM is in no relation to the CPU, I canrun my Core i7 with 1GB of RAM if I want, I'd still be able to do heavy tasks, but not too many at a time of course...
As for the Android version, I was also wondering why it is ICS, I don't think it's 4.3 tough...
I wonder if the 1GB of RAM spec on the specifications page is right then... They mistake the Android version, and I also recall that they wrote that the Padfone 2 had a resistive touch screen which they later corrected... The Padfone series really is a mess if I look at it from my perspective trying to collect all the right info :S
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