Kindle Fire, what are the specs?

Yesterday's launch of the Kindle Fire has been picked up everywhere, but so far I've struggled to find any actual specs for Amazon's new device. The processor and RAM don't seem to have been quoted anywhere.

My guess is that this device isn't going to be a music making device even by Android standards, but I'm still holding out a little hope that the OS version and other specs will be good enough for music.

So if anyone has the details please comment them in.