From what I've read, new iMac 24" BTO processor is an x7800 2.6Ghz overclocked to 2.8, not an x7900. (Ah, I see Multimedia beat me to that!)
Anyway, I know other people have already brought this up, but I wanted to confirm:
Judging by what I've read, the Santa Rosa refresh - that is, basically, the introduction of mobile Penryns - is definitely
slated for Q1 '08. I'm betting we'll get a MBP refresh sometime around then... unless Apple decides to wait until summer for Montevina, which pairs Penryn chips with an updated chipset (see end of
this article for more details). But I don't really think they'd do that.
As for iMacs, they could either go the same way, or (as I somewhat forlornly hope) with the cooler 45nm chips Apple could finally start using desktop-class processors in its consumer desktop again. Wolfdale's TDP is only supposed to be ~60W... But no. I don't really expect it. However, I have read comments from Intel saying they will offer quad-core mobile Penryns. Wouldn't mind one of those.
A thorough description of Penryn and its benefits
here.