Yes, it actually performs worse in many things. Thats why there is always a BIOS option to disable it. Do you have links on HT on and off for games ? I can't find one right now.
When people say "many things lose performance" regarding Hyperthreading I assume in a lot of cases they are referring to games.
If not, Core i7's Hyperthreading is far better than Pentium 4:
http://www.solidmuse.com/2008/12/core-i7-to-hyperthread-or-not.html
"In days past, with the old Intel Pentium 4 cpu architecture, the conventional wisdom for the best core SolidWorks performance was to disable hyper-threading in the system BIOS."
"It looks like Intel has done a very nice job in this new implementation of hyper-threading in the Core i7's.
I plan to keep hyper-threading enabled on my system."
Nowadays the biggest contributor to performance loss in Hyperthreading is when there's resource contention in a program that doesn't support all the threads, ie 4 threaded program running on 8-thread i7.
I just dont understand why you are so obsessed with this i3 though. personally I am going to see what happens with the 32nm quads.
The problem there is there are no Intel 32nm shrunk quad cores in the roadmap until Sandy Bridge in 2011.