As bad as it worked out I don't think Itanium tried to break Amdahl's law. And that is how I understand this magic multicore execution of single-thread code.
I'm surprised they even pursued this line of research, though they may be considering it just as a basic territory claim that they don't have a high expectation of turning into anything. Research into "implicit parallelism" has been done a lot over the years and the consistent result has been that there is a lot less than people intuitively think, and I mean, a lot less. I wouldn't hold out much hope for this... but then again, in a world of nearly frozen clock speeds, it wouldn't take much to stand out.
