Will It Run says no, despite my chipset surpassing Video Ram, Hardware T&L, Pixel & Vertex shader versions by twice their minimum.

All other operating requirements surpassed by at least twice their recommended value. Is the chipset a dealbreaker?

Depending on resolution and how much effects you turn on, yes:

Here it is running on HD 2000:
https://www.youtube.com/watch?v=peOanKLm4s4

DAO: Awakenings is on Intels list of playable games:
http://www.intel.com/content/www/us/en/support/graphics-drivers/000005565.html

Excellent! Thank you for checking those sources out for me. For some reason I didn't think to check Intel's list >.>

I think it will. I remember back in 2010 I played it on a dual core 1.2Ghz laptop with 2 gigs of RAM and the standard Intel HD chipset at the time and it ran at around 10-12 fps on 1366x768.

On my Intel HD 5500 it runs well on medium settings (I'd say 40 fps minimum during places like the Denerim market). I think the 3000 should be more than playable.

Some games will run--but others won't. The chief problem with Intel GPUs is that they always rely on some d3d/OpenGL features to be accelerated in software (by the cpu) instead of in hardware by the GPU. Some games will tolerate that--others insist on full d3d/OpenGL GPU hardware support--and those games either won't run at all or else will run very poorly and with problems. For 3d gaming, Intel GPUs are not competitive with AMD GPUs, or with nVidia GPUs, either.

That's good to know. Thank you for the explanation. But for Dragon Age specifically, according to reports there should be no problemo.