Inevitable that Intel goes SoC, it doesn't want to become a commodity part of the system, but the system itself on one chip. But that means the chip's power budget will have to increase to encompass the system's power budget. It's going to be hard to market.
"an extensive IP library and software" Yet watch the IP trolls come out of the woodworks anyway with an enormous lawsuit based on their own (questionable) patents. Lets hope this time Intel will mount a large tough countersuit to put these vultures out of business for ever.
This is a huge step forward for Intel if they are going to a real player in the Embedded market because on-chip integration of IP blocks (especially comms & analog) is expected these days. IOSF, yet another acronym for the pot!