That's the problem, though: both single- and multi-threaded workloads would be at best 200 MHz faster, and at 4.8GHz to 5.0Hz that's only a 4.17% increase. And because most things don't scale perfectly with clockspeed, it's probably more like a 3.5% difference. If you're doing a task that takes 30 minutes, you won't notice that it finishes in 28.8 minutes unless you're using a stopwatch.
Realistically, the threshold for something being noticeable outside of benchmarks is usually more like 20% -- maybe 10-15% if you're really tuned in to what's going on. Back when CPUs were 1GHz, 200MHz meant a lot more than at nearly 5GHz. Basically, a double digit percentage gain is the minimum to be truly meaningful. Other stuff might factor in, like if you're running stock vs. OC you might actually get a constant 4.9GHz instead of 4.7GHz with fluctuations down into the 1-4GHz range for power saving.