From the article:

"In other words, it's nonvolatile memory - with a few advantages over flash. "It holds its memory longer," Williams says. "It's simpler. It's easier to make - which means it's cheaper - and it can be switched a lot faster, with less energy.""

Sounds to me like he's saying it's faster.

@Jim: You're arguing from semantics that there can be no memristor? That doesn't seem a bit daft to you?

Regards

Fake