I don't think the 4470 will even be used, and the 4460 might not even be used in any other device than the Nexus. Everyone will just go to 1ghz quad-core like everyone went to 1ghz dual-core. And unlike the 4470, quad-core already has a device it is used in, that being the Transformer Prime which Asus has said will come out this year, though it could very well delay.
if the Galaxy Nexus runs ICS silky smooth with zero problems, what are you really complaining about? where is the negative in your discussion? just because of the technicality that Google didn't use a quad-core processor? if they used a quad-core processor, what would they have gained?
if the dual core 4460 runs the phone without a hitch, why is there such a huge concern from you?
IF the TI OMAP 4460 ran ICS with known significant problems with lag, or battery issues, etc. then i can understand there being a concern with the hardware specs. but you're basically just complaining about specs on a sheet of paper without actually being concerned with the way the device functions in every day situations.
you're worried that because the galaxy nexus doesn't have a quad-core processor (which btw, is the ONLY thing you've been complaining about) that it's going to be a waste of money to purchase and that you'd be stuck with old, out-dated, and incapable hardware.
do you see anyone complaining about the A5 processor and that it's only running at 800Mhz and is only a dual-core processor? of course not. why? because it runs iOS5 silky smooth (which btw, you call just an "app launcher". if iOS5 is just an app launcher, what is android? just an "app launcher with widgets"?). who would even care if the A5 was quad-core or not? as long as it runs the software and the phone without a hitch, which it does. and the same applies to the Galaxy Nexus.
you wanna wait for a quad-core phone? that's your decision. the rest of us will get the Galaxy Nexus, enjoy it and love it, while you're twiddling your thumbs waiting to, in your own words, "Buy the first phone of the yearly cycle." YUP!