Came across the PEAF through the Google EA discussion group. Preliminary glance suggests that it is quite an accessible framework. The model feels less complete than the TOGAF one and I'm concerned that some of the missing items are actually useful - so there's less focus on logical information as you might expect in a pragmatic view.
The method feels very light touch to me at present, but as I say this is based on a glance through the material.
Will be interesting to see if this gains any ground.