Not sure where all the hate for PowerPC is coming from. It served Apple well enough until the last year or two. It also is still used by many other companies as well as the POWER series.
The POWER series continues to evolve and now includes VMX (Altivec). The G5 is related to the POWER4. Since then IBM has released POWER5, POWER5+, POWER6, and soon POWER7.
A nice presentation on POWER7 here:
http://www.power.org/events/powercon09/taiwan09/IBM_Overview_POWER7.pdf
We can estimate the preliminary performance figures for the POWER7 from the graph on page 8.
I imagine integer, means specint_Rate and floating pt. means specfp_rate.
From the graphs, POWER7 is 5.65x faster in integer and 6.5x faster in floating point than POWER6 on a chip basis.
The best result for POWER6 is 542/544 for a 16 core/8 chip p570. Dividing by 8 would give the best POWER6 1 chip result (I admit this number might be higher than this since I'm assuming perfect scaling - which in turn means POWER7 result might be slightly higher as well).
Chip Int/fp
2 core 5.0Ghz POWER6: 68/68
8 core 4.0Ghz POWER7: 383/442
4 core 2.93Ghz Xeon 5570: 130/100
2x4core 2.93Ghz Xeon 5570: 259/198
POWER7 is reported to be 200W. Even with this figure, it would still give higher performance/watt than the Xeon 5570 (95W)
Chip Intrate/watt fpRate/watt
Xeon 5570 1.37 1.05
POWER7 1.92 2.21
BTW, Intel's upcoming Beckton 8 core chip is a 2.26Ghz /130W part. This would have no where near the outright performance as POWER7 or even the performance/watt of the POWER7.
Anyway, I doubt it will ever make it into a Mac again, but its good to see what IBM have been doing recently.