smartphone based x86? I wasn't really going for that, and since MS supports ARM it might be possible to go with a tabet that uses Windows 8 for both ARM and x86\64, however I was more thinking about portable handlehands are using x86 arch to play old DOS and mid windows games while supporting the kerenel of basic OS, imagine Little Fighter 2, Red Alert 2, Lego Racers 1, maybe even Quake 3 Arena on your DS sized device, maybe PSP like device, that uses touch screen input instead of a mouse, though keyboard is going to be an issue... I bet that just gaming buttons be created and QWERTY touch screen input is more then enough, there are even more ideal designs of double keyboard, one for small QWERTY and one for gaming mainly (WASD, TAB, SHIFT, SPACE, CTRL, ALT etc...), you see with emulators or with ARM devices you could just hope for open source games to be ported that way, that leaving such awesome games out of reach, but with this it's closer to possibility then we think, cooling is becoming less and less of an issue for an handlehand x86 device with lower TDP....
I don't care my ass for mobile x86 phone, I don't really care about a direct fight between tablet x86 and tablet ARM\RISC, I care for a possibility of a nostalgia-device, I could list a lot more games I'd like to play that way, Heroes of Might and Magic II->IV, Unreal Tournament 1, it might be not the same as mouse and keyboard, but hey - that's usually important just to action games, nothing stops you really to play lets say, Lego Racers... of course vga is going to become the next issue, along with RAM, but that's less of an issue, especially with the evolving Tegra chips (I realize that they are SOC, meaning the chip already has an CPU) that are based on x86 arch for processing data, either that or I am having a very big unrealistic dream