The Cell processor's technical details were revealed yesterday in San Fransisco. Go here for more info. And don't miss the 'related stories'!
P.S: Don't get too excited. No mortal is gonna get his/her hands dirty with the baby until the end of the year. This was just a teaser trailer. So go back to sleep.
P.S.2: Searching for more details....
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ummm quad master, the PS3 will have only 1 Cell processor...it is gonna have 8 64-bit processors running in a parallel arrangement....in total, all 8 will give 4GHz...but some say the final PS3 might have 4.6GHz speed....