In response to Ed's request for reasons why excessive speed is critical. Here's why I need it:
1. Lightwave rendering. Yes, A same MHz G4 is actuallyslightly faster, but guess what? The PCs are over twice as fast now.
2. Photoshop. In spite of what Apple tries to shove down our throats, I've run a battery of tests and the MHz myth is not a myth. It's a reality. Pound for pound, test after test, a faster Intel chip will win virtually any speed test. For those living in their fantasy world that believe otherwise, I would question whether they've spent the time that I have doing these tests. I work on several hundred megabyte files, I need every ounce of speed I can get.
3. Video rendering. I have not edited video on a PC, but I've got to believe that a PC that's twice as fast is going to be faster than the G4, Altivec or not. Having said that, my DP machines are pretty impressive at rendering video. DV especially.
The rest of my work is 2D design and web design, so I have to particular need for increased speed, though it can always be faster to launch apps etc. Livemotion runs like crap. I'm switching to Flash after last night's edit. Piece of junk software. I hear Flash development is way faster on a PC.
I also do quite a bit of audio engineering, but currently my demands are easily handled by a mid-range Mac. CuBase SX BTW runs great in X! Very smooth, very snappy. Good example of how an X app should run. A bit buggy yet, but it's a total rewrite, so I'll cut em some slack for 1.0
So, in terms of need for speed, I can only think of three areas, but they are critical for me, so MHz is a big deal. I shouldn't say MHz. I could care less what the MHz is as long as it's fast. If you can make a CPU that runs at 200 MHz, but has a wide bus, DDR ram and all the fixin's including very optimized code, that runs faster than a DP 1 gig, bring it on.
I'm giving Apple two years. (I try to hold on to a machine for two years before buying a new one). If, after two years, there has not been a significant improvement in closing the speed gap, I will very seriously consider bailing. I want a lightning fast GUI, quick launch apps, and fast rendering/processing. If Apple can't give that to me, I'll find someone who will. (This comes from a 15 year Mac vet, who literally loves his machines).