[alexwright]

This is just a common misconception over what Moore said, and what his law means. Hint: it has nothing to do with the clock speed or even directly the prefromace of your CPUs.

Moore's law is the observation that, over the history of computing hardware, the number of transistors on integrated circuits doubles approximately every two years. Which is still very much the case: http://en.wikipedia.org/wiki/File:Moore%27s_law_graph.svg