3-issue OoOE is probably closer to a Pentium 3 after the cache changes. I seriously doubt they put a 9-way issue back-end in this thing like the K8 has.
K8 is K7 with an internal memory controller (not a relevant advantage here) and 64-bit (explicitly omitted). The 9-way theoretical peak issue is pretty much a fluff spec and has little to do with real world performance. Compare with the Bulldozer design, which is claiming better IPC than the more mature K8 designs.
Pentium 3 and K7, both with full speed on-die L2 cache, performed fairly similarly at close clocks. Obviously Cortex-A15 will clock much higher.