I haven't seen much about this shoe yet, but I guess that it just came out 1-2 months ago, so here's my opinions so far.
Nice fitting upper, pleanty of cushioning, good arch support, smooth transition.
It doesn't feel ultra-light, but definately is lighter than most trainers.
It seems to have a sort of propulsion effect, that tends to get you quickly onto your forefoot.
It does seem to have a slightly higher heel than some other lightweight trainers that I have worn.
The fit may not work well for people with wider feet.
I have done two tempo-run's in them so far, and am very pleased.
I'm not a big Nike guy, and the only other Nike's that I wear is the Marathoner. How are the new neutral trainers? What is the difference between the Pegasus & Moto?