The article suggests that while the Prescott will have better cache and a slightly improved branch predictor, these effects will probably be "totally negated" by the higher branch misprediction penalty.
Says the article: "This means that some software will not run, clock for clock, faster on the Prescott than on the Northwood P4".
It says that a 3.4GHz Prescott will perform similarly to a Northwood 3.4GHz.
There's much more on this, here. µ
See Also
Prescott ready to roll under Pentium 4 guise
Intel misses Pentium 4 goals in 2003
Pipeline changes could slow Intel's Prescott down