The report reveals a number of code names for upcoming Intel products, including the dual-core-capable Twin Castle chipset and the single-core Cranford and Potomac CPU cores, both would-be Xeons. The first dual-core Xeon is code-named Tulsa. Most intriguing is the chip code-named Whitfield, due in 2007, that's described as "multicore." This one might be a quad-core product, although Intel was apparently fuzzy on the specifics.
AMD has already said that its dual-core desktop chips will follow the Opterons to market, probably arriving in late 2005. I'd expect Intel to tread a similar path with its dual-core Pentiums, which means we probably have quite the wait in store before we get new CPUs that are significantly faster than today's latest and greatest.