Nokia has unveiled its new budget-friendly Lumia smartphones that pack a 4.5-inch display with Gorilla Glass 3, quad-core CPU, and Windows Phone 8.1 – the Lumia 630 (3G), Lumia 630 Dual-SIM, and the Lumia 635 (LTE).

The Lumia 630, Lumia 630 Dual-SIM, and Lumia 635 sport similar specs except for the latter that features LTE connectivity. Both feature 4.5-inch FWVGA ClearBlack LCD at 218ppi, Gorilla Glass 3, 5 megapixel rear camera, 8GB of internal storage, and microSD card support for up to 128GB.
Powering the devices are the 1.2GHz quad-core Qualcomm Snapdragon 400 chipset, 512MB RAM, 1,830mAh battery, and Windows Phone 8.1 OS.

The Nokia Lumia 630 is expected to rollout in May, beginning with Asia, Russia, China, India and Europe, from $159 for the single-sim variant, and $169 for the dual-sim variant. The Nokia Lumia 635 will be available starting in July from $189.
{source}

hmmmm.. sir max with all due respect im currently a lumia 520 user running on 512Mb ram and 1G dual-core processor.. yes comparing it to android phones i can say that it is under speced.. but no problems with its speed though as of so far.. i think its mainly because of the windows OS was optimized for this hardware.. i have handled some phones of my friends before running on an android OS.. not sure about the hardware but pretty sure it cant be any less than what my phone is running on.. but i think in simple responsiveness and smoothness of the OS my phone have the upper hand.. then again im not a hardcore apps user so there is not much running on my phone and of course there is the factor of how a 512 ram can handle a quad core proc as you’ve mentioned.. but i think the windows OS can handle it.. its not as heavy on the hardware as android by experience..
P.S: ive had S2 and xperia J before.. i dont have anything against android.. just kinda feels heavier..