My claim is that a single threaded P4 at 3.5GHz can do at least 12 DVD streams minus the downscaling. Then using that as a base, a hyperthreading P4 at 3.5GHz would be able to do 20 streams. Finally based on those two factors, a dual core hyperthreading P4 at 3.5GHz would probably be able to do ~ 40 DVD streams minus the downsampling of course.
I'm not claiming a dual core HT P4 is more powerful than that CELL that was used in that demo. This is plainly obvious because 1. We don't know what clock speed CELL was running at and 2. Even if we knew the clock speed we still don't know the % utilization.
My point was to show that CELL is not orders of magnitude better than a dual core HT P4 which ERP and aaaaa00 also agree. This can be extrapolated with the known information.