Several people have already pointed The Register | Benchmarks demolish Apple speed boasts out to me.

I'm not going to defend/attack the benchmark results other than to say that a the 2nd processor support and AltiVec boosts were not enabled. As someone who has always had a high respect for SPEC I'm not going to belittle/fudge this issue. There's no doubt that it's a setback for Apple. I'll need to look carefully at the results and will not draw hasty conclusions until I have done so.