No way it's as fast! Having shot them both, the Ice-Man is definitely slower.
As a matter of fact, actual speeds were changed at one point on the BowTech website, but this was after the brochures had been printed.
(Go to many bow shops, and they continue to state it's faster, but I'm 99.9% sure it's only due to the specs. they read on their racks.)
I shot both 70# bows side by side, and the Admiral consistently sunk arrows about one inch deeper into the target. (was only shooting at 20 yards)
The Ice-Man pulled easier (due to the single cam) and felt more like my old (2004 80# BT Justice - again due to the single cam). Didn't "feel" like an upgrade. The Admiral did though, even though I don't think it's any faster than my 2004 80# Justice.)
Even though the new 70# Admiral has the same "performance" as my 80# Justice, I had hoped that BowTech offered 80# limbs on the Admiral. Since they are offering 85# on the Air-Raid, maybe next year for the Admiral??? (I like the idea of the center pivot design for more forgiving shooting, so the Air-Raid wasn't a contender.)
On a side note: I purchase the Admiral to hunt whitetails out of a tree. I just pushed another 30 arrows through the Admiral last evening. I can shoot this new bow better than my 04 Justice (8 in. brace height), with which I have launched well over 5,000 shots! (Overall performance, along with this simple fact reaffirms my decision to buy it every time I shoot!)
The Ice-Man did pull easier to full draw. Both had nice valley. For a first time bow buyer, I think the Ice-Man might be the better of the two. (mostly due to it's "softer" draw)
Both bows are extremely forgiving to shoot. It's as if they have a 8 inch plus brace height. Which reminds me - The Admiral has a higher brace height than the Ice-Man which should be a bit more forgiving. (Assuming you are OK with the more aggressive draw.)