I'm confident that those working on applications where CPU performance is an important issue, as well as reliability of said performance, are actually not running their critical applications on virtualized infrastructure. The cloud is good for "good enough" solutions where architectural design leveraging horizontal scaling does the job well. In those applications, how a CPU is used or what their performance is is something that falls in the wrong side of the domain of microoptimization. In the Cloud world, the only thing that's relevant is if an application infrastructure needs to scale, and what's the financial impact of that in the operational cost.