Processor speed is a myth yes! but in the case of intel it comes down to the size of load that it can handle

acket size. Altivec was design to increase the size to (say) large amounts while intel developed HT to compensate. Doesn't matter who came first, the point is that intel never unticipated a road block with with pentiums and design them for small packets and fast cores, and ibm design ppc for speed independence through packet size. Hence, ghz myth busted!
NOw, if you criple a intel chip you must increase packet size to compensate but they have not being able to so, reason for which, no new intel chips have being seen and rather stupid speed bumps.( celerons and so on are pentium's derivatives with same fate). So the next year chips promise this but that is like re-inventing yourselve or flagship. I dont have fate in intel pulling it through.
Now moron, if you dont understand this. I am sorry but i can't teach english to on a chat session.