I don't see a bright future ahead for their 65nm process since it's so late in coming.
You are not alone in so concluding.
What was far more interesting was AMD saying that there would not be any further 65nm steppings. Whatever we get in May or June or whenever is it. AMD doesn't apparently plan to slog its way through to higher speeds like it did with the X2s.
The next K10 stepping will be the first 45nm chips.
Basically there is no B4, there won't be a B4, and the next stepping is Cx. The Cx parts are the 45nm Shanghai cores, so the B3 will be the end of the line for 65nm.
Meaning, even 2008 is/will also be, essentially, a bust.