ChromeOS vs Xfce based Distros. Which is more Lightweight?

Google has recently shared ChromeOS Flex(although stable release will come later). As ChromeBooks which run on ChromeOS have incredibly underpowered processors and still run well, I am just thinking that what would be more Lightweight, any Linux Distro with Xfce or ChromeOS-Flex? Is ChromeOS really that lightweight that it would be able to breath life into old Laptops just like Linux does?

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