It appears to be slower than DRAM, so it's not going to be a sufficient replacement. I also see no indication of how much storage it actually offers. The range between RAM and SSDs isn't that large and I think it's going to be a huge difference whether they can offer 16GB, 32GB or even 64GB at an affordable price.

For a lot of users 16GB might not be worthwhile, 64GB might actually allow some people to not use a SSD at all, so it I think they will have to provide 32GB of storage. That seems obvious enough that the fact it's not stated in the article seems somewhat concerning.

From the article

"Each megabyte of 3D Xpoint will certainly be significantly cheaper than the equivalent amount of Ram. And the new technology has the added advantage of being non-volatile, meaning it does not "forget" information when the power is switched off. But, unfortunately it is still not quite as fast as Ram, and some - but not all - applications need the extra speed the older tech provides."

If what they claim is true, it has the potential to be actually cheaper than both DRAM and NAND, based on the density. The biggest disadvantage at the moment is that is so new that we don't know much.

What can be read from the announcement: it's not as rewritable as DRAM: only up to 1000 more writes than NAND. It's also slower than DRAM. But it seems better than NAND in all aspects.