The Geekbench Score is 748, considerably slower than the iPad 4, but faster than the 471 of the original iPad, and in the same ballpark as the new iPad (third-generation) 757. The third-generation iPad wasn't significantly faster than the second-generation, it's extra power pushed the Retina display.
So that's pretty impressive. The iPad mini is on-par with the iPad (third-generation) which was selling until a couple of weeks ago for £399 with many a happy owner.
We found the iPad mini perfectly capable of running all the games we threw at it, including powerhouses such as Real Racing 2 and N.O.V.A 3 with a respectable framerate and no frame drops.
What it isn't as powerful as is the new iPad (fourth-generation) or iPhone 5. Both of which show serious boosts in power.