Intel reduces Montvale's speed

The Inquirer learned Intel has drastically reduced the clock speed of its Montvale Itanium processor:

Montvale, the 3.0GHz wonder child that was going to vault them over the top of Power? Well, that chip just lost 900MHz along with the previous 25nm of process width. The thing that will have to hold the line against Power 5, 5+ and possibly 6 will be a 2.1GHz Montvale, and that just won't cut it.