Actually, if they turned this into a desktop CPU, they'd improve on the memory system and further increase performance. Add 64-bit extensions and dual-core setups in 2005, with 2+Ghz, and you've got one hell of a chip. So it all depends on what AMD will have churned out by then, too.
<i><font color=red>You never change the existing reality by fighting it. Instead, create a new model that makes the old one obsolete</font color=red> - Buckminster Fuller </i>