Cell architecture explained

Sony, Toshiba and IBM have been quietly developing a new vector-based processing architecture which promises to trash anything Intel and AMD have up their sleeves. This guy has read the patent applications and makes some predictions on what we’re going to be seeing in the PS3.
http://www.blachford.info/computer/Cells/Cell0.html

If this is too hard, then Penny Arcade might do a better job at explaining it for you.