I can't wait to try out new servers from Sun that use the T2 CPU. Eight cores and eight threads a core make for 64 threads, all for under 95W of power.
Now folks at MIT have produced the TILE64, a CPU with 64 true cores on a single chip, for under 20W.
The Sun chip is more powerful, but for a massively parallel application the TILE64 could possibly be a better bet. Of course, the Sun solution also has the benefit of the Solaris OS to back it up and therefore making the development process easier. Developing for multiple-core environments is always difficult. The TILE64 solution uses Linux and Eclipse and a custom Multicore Development Environment (MDE).