Regarding these rumored specs, obviously an unknown leaker should be taken with plenty of skepticism, but this sort of split would make a lot of sense. If nothing else, it would be very beneficial for AMD to add a cost-reduced part for the mainstream market. Your typical office or home PC user wouldn't really see a benefit from 8 big cores or a class-leading GPU, but they would benefit from better battery life and lower power envelopes enabled by big.LITTLE/hybrid/whatever you want to call it, and of course the cost savings of such an arrangement. Then they still have the beefed up config for light gaming, content creation, etc. Real or not, sounds like a great set of configs.
The only part that confuses me is that neither goes below 15W. I'm not sure why PHX2 wouldn't be able to scale down to ~10W, and that would let them fit it in fanless laptops. That's a pretty significant gap in AMD's lineup right now, but they should have everything they need to fill it.