The pricing is nearly entirely determined by its competitive position. AMD is not pricing Phenom II X6's at $300 for top SKU because they want to or "they want to be nice to the customers" they know that's what makes the chip competitive with the i7's.
Thuban=346mm2
Nehalem=263mm2
You are PERFECTLY aware that bigger die sizes generally result in greater defects and greater costs.
Though its questionable whether SMT on Nehalem is cost effective compared to other MT solutions since cores don't take too much of the die, the truth is SMT is one of the most effective ways of increasing performance.
Yeah but what if you can add another physical thread in the same die size package?
Imagine if in the same 346mm^2 you had 12 physical cores opposed to 4c/8t or 6c/12?
Do people care if ATi has 1600 shaders (or 320 if you prefer that metric) vs 480 of NVIDIA? Do even people care about clock speeds of NVIDIA architectures vs clock speeds of ATi architectures?
Of course not. They care about price, performance, consumption, features, noise.
AMD has several problems vs Intel.
One of them is that their cores are less efficient on a clock per clock base on single threads.
And you can forget HT - if the Phenom II family had more performance on a single thread than i7, people would go after the Phenom II unless they really had an use for the logical cores and it would still be a trade.
I bet most people buy i7 over Phenom II because of single thread performance, not because of HT.
A second AMD problem is, as you've, put die size - not only AMD processors are slower on a clock per clock basis, they are bigger.
It makes complete sense to reduce the die size.
What if you can have the power of 4 cores in the package size of a current dual core? And 8 cores in the package size of a current quad core?
Maybe in the future we will have an AMD octo-core fighting an Intel quad-core in absolute performance. But what if the octo-core is around the same speed in single threads (and threads 1-4) and faster on threads 5-8, at around the same die size of the Intel offering?
Will then Intel be able to control the price just because it has a 6/8 core with HT? Sure the 6/8 core 12/16 threads will be faster in threads 9-16, but how many desktop users need that many threads? And in the business market you can just drop multiple processors anyway.
This discussion is a bit pointless as we don't have the relevant data about BD and SB: we don't know single thread performance, we don't know die size, we don't know power usage, we don't know OC headroom and we don't know price (which will be dependant on many of the previous variables).
Maybe we will need a new metric to compare different company products or maybe we will simply have to do as you do in GPUs - you just compare by performance, price/performance and performance/watt.