Sorry to say but that is classic "redirection" on behalf of JFAMD and there is a reason people hate it and despise it when the other side of the discussion falls back and resorts to it.
Saying "IPC doesn't matter" is a strawman. IPC matters, as does clockspeed. We all get this, its swag (stuff we all get).
We had good estimates of where clockspeed was going (plenty of "30% higher targeted clockspeed" comments all over the interwebz)...the BIG unknown was IPC.
Why were we focused on IPC? Because to the untrained laymen, bulldozer was looking like netburst all over again, thus the reasoning for making the assurances in the first place that IPC was not going to decrease.
Had we not been told, steadfastly, repeatedly, that IPC did not decrease then we, as a community, would have had VERY different discussions in regards to bulldozer expectations this past year.
IPC matters, if it didn't then JFAMD would never have been compelled to speak to IPC not decreasing in the first place, he would have said "IPC doesn't matter, clocks are king, didn't Willamette teach you nothing?".
Coming back now, attempting to rewrite history, is just insulting to the community that forced itself to accommodate the IPC comments as fact while we also reconciled it with respect to all the other stuff we get (clockspeeds, gate first vs last, SOI vs bulk, voltage, etc).
It was a critical linchpin in THE debate, and John knew it which is why he went to such lengths to make sure everyone heard him and his statements about IPC not decreasing.