Better than NAND performance if ever so slightly for a first generation memory product but I still feel like it would not able to scale to DRAM speeds. The search for a universal memory goes on...
It's extremely early in the technology, and I imagine we will get there. The first SSDs were terrible compared to SSDs now, and 3D XPoint as a technology is extremely scalable and refinable.
Are we looking at the same numbers? "probably under 10 microseconds" is pretty terrible compared to DRAM.
L1->L2->L3->(L4->)DRAM->Storage
3D XPoint is being considered as the DIMM-module, byte-addressed "memory" before storage. Saying that it "augments" DRAM is almost meaningless because we already have multiple levels of DRAM.