It seems AMD terminated the Ryzen 3 1200 and Ryzen 5 1400 models, and replaced them entirely with Raven Ridge models:
They obviously can't have the same performance as a similarly-sized GPU with dedicated GDDR5, but at 1080p and if you tone down all IQ settings that eat a lot of bandwidth (shadows, MSAA, texture size) and bring up the settings that eat more compute (pixel shader, post processing), it's fairly reasonable to assume the 65W 2400G can hit that performance advantage over Intel's GT2.
Of course, even this 2400G can seemingly gain quite a bit from GPU overclocking and faster DDR4:
One thing seems sure to me: the Ryzen 5 2400G IMO pretty much nullifies the demand for the Radeon RX550/540 and the GT1030, at least for new systems. At $170 it's really a no-brainer to get this instead of a discrete 4-core/8-thread CPU + a $80 discrete GPU.
And the $99 Ryzen 3 2200G is an even greater value. Just a year ago, what could we get with $99? A 2-core/2-thread Pentium without turbo and locked multiplier?
Of course, what AMD really needs to do now is get some OEMs to release motherboards with HDMI2.0 or they'll eternally lose the HTPC crowd to intel and nvidia. That
and enable support for PlayReady 3.0, which is taking them an embarrassingly long time to do.