They're low-power, not piss-poor. And if anything, that's a good thing: it means developers will have to optimise their engines for 8 threads in order to get good performance. This optimisation work may then carry over to the PC.
Developers don't have access to 8-cores on these systems, in both cases 2 cores are reserved for the OS and other background processes.
Just means we're going to see a complete lack of CPU intensive developments on this generation of consoles - they are a real disappointment IMO.