It seems like this a high-capacity chip with a dedicated number of FP units in array. This might be one reason why -out of the many variables- why the such primitive setup, can run WinXP sucessfully. The article refers to the technology as "Tera-Scale," probably describing the performance of the programmable "logic" cores -can't know for sure how many since they don't tell- as they quote Weinrib, from Intel, making reference "that parallelism in inevitable." I mean they talk about making full use of "bandwidth and usability," so they could be using a different flavors of cisc, risc, or mimd and memory arch solutions.
Also, besides memory requirements XP requires a pretty decent & powerful FP unit so that might explain the system's -embedded FPGA core with its logic FP units working in tandem- extraordinary performance. Something to note is, that they don't talk about the how much memory the system was actually using.
Bottom line, is good to the end consumer and enthusiast!