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If iPad 2 launch titles look this good, I can't wait to see how far the graphics can go in a years time. Those are the shots for Real Racing 2 HD in it's iTunes product page, hopefully that is actually achievable in game, in real time on the iPad 2.
In regards to the CPU clock speed, is the clock speed dynamic? That would explain the varied results that reviews have quoted anywhere from 800MHz to 900MHz and Apple's specced 1GHz.
For memory, previous rumours by "analysts" were saying that the iPad 2 would be moving from 800MHz memory to 1066MHz memory. That clock speed change while remaining at 64-bit could probably yield the difference from iPad to iPad 2 we are seeing. Although to get 1066MHz from a 250MHz base clock would require a very weird multiplier and I don't think it's every been confirmed what the original iPad's RAM clock speed was.