Finally got the setup together, now running PianoTeq 3.5 on the Atom 330. I am using a M-Audio Quattro external sound module, and the settings for the Quattro is set to Very Low Latency (0.8 ms) and a sample rate of 96000 Hz.
To avoid cracks I have set the internal sample rate in PianoTeq to 24000, otherwise quick runs and slides may cause cracks. Polyphony is at 64, I might be able to increase it (I just adjusted the internal sample rate down from 32000).
I have tried to see if I can tell any difference from setting the sample rate and polyphony at higher values, and through my headset (rather cheap AKG set) I am not sure. I'm usually quite observant and skilled in sound evaluation, but reading the other post about how much was percieved/imagined, and how much of the sound quality that was "real", I am so far happy with this setup.
As a conclusion I am not sure I can recommend the setup on the Atom dual core. My goal was to have a setup that I could bring around together with my midi motherboard, and found out I needed the PC, a sound module and a touch screen (occasionally the PC gets stuck in a message, I need to be able to se that and fix it :-( ). The cost and ending up with three units might be compared to e.g. a Clavia Nord Electro Rack, and playing mainly rock/blues in a rock band it might have been sufficient.
So in the end I guess I am waiting for an opportunity to get better hardware, and then have a dedicated well-equipped PC to use just for playing piano at home, and then find a solution for when we play a gig.
Still very happy with PianoTeq, though - just so much wanted the easy and portable stand-alone solution.
Hardware: Studiologic SL 88s + SL Mixface, Focusrite Scarlett 2i4, Lenovo Yoga I5 Windows 10 Pro
VST host: Cantabile
Other instruments: hammond (GSi VB3 II), saxophone (Selmer), harmonicas (Hohners)