Yup. Drove out to Abe's shop this afternoon to check this thing out and it is all that Pete Ward says it is in his review and then some. The model I shot had a recurve style window cut above the shelf, but Abe said he could also shape it more along the style of the featherhorn/tundra wolf. The physical weight of the bow felt light as feather in my hand and felt like it was part of me. I had a hard time putting it down, and once I did, I almost felt naked without it in my hand.
I like my bows as light as possible, regardless of their draw weight, because they feel more responsive, which is why I've never cared for bow quivers or heavily risered recurves.
As for how it shoots, I don't know how fast but it is very fast and has absolutely no handshock. It has all of the characteristics I really liked about my dearly departed chek-mate thunderbird, but the peregrine exhibits these characteristics to a far greater degree.
Here are a couple of pictures from Abe's site;