To sum it up, this matches my predictions all along. AMD has now released its own glorified version of Netburst, sacrificing performance for raw clock speed. A sad day indeed. I knew this had to be coming, particularly due to their reluctance to release any information.
To the AMD fanboys who complained all those years about Intel's tricks, such as using higher clocks instead of improving performance per clock, needing heavy software optimization to pull ahead, etc... Want to go ahead and be a hypocrite and explain to us how it's suddenly acceptable when AMD does it? Big green just pulled a big blue. AMD is now as dirty as Intel, so maybe these little fan wars can stop.
In any case I'm disappointed, but not surprised. AMD pulled an Intel P4 move that sounds like on paper you're getting more (higher clocks, more cores), but really it's not as good as the offerings of the previous generation. Hopefully the next time around they'll have their own Core 2 revolution and things will get more interesting.