Completely disagree. I own both a 2.8ghz x8 2008 Mac Pro (12g RAM) and a Nehalem 2.66 quad-core. The Nehalem is faster for almost everything I do.
I've been tracking the cpu usage on both and the only areas where the 2008 box seems to outperform is during forensic analysis of data (data carving) which is specifically optimized for the additional Xeon in the software package I use (Accessdata FTK). Since that is such a small part of what I have been doing, it pales in comparison to the quad core overall.
Ive tracked usage in video (iMovie, Handbrake, and Final cut) and the Quad core smokes the 2.8 in every category except Handbrake where it barely edges it out in performance. Surprisingly, the video tasks rarely use more than about 200% cpu on the 2008, ranging between 150-180% most of the time in iMovie, around 250% in Final Cut (but about 750% in Handbrake). The quad-core's faster memory, faster HD, faster video card (even the GT120 smokes the 2600 in the 2008) make it overall the better machine. I really thought I'd see better Photoshop responsiveness with the higher RAM (12gb) and octo processors in the 2008, but the Nehalem at 6gb is way faster for the files I'm using. Maybe if you're working with 500mb files you'd see better performance with the 2008, but I'm not doing that.
Unless you absolutely have to work with scads of RAM (evaluate this closely, you may not use what you think you're using), the 2008 would simply be a no-go for me on a new purchase. For that matter, I'd skip the 2.26x8 as well. Not compelling for the additional $$. Really really impressed with the new quad-core machines.