If you look at what happened with the original 65nm Phenom, take into consideration the relatively minor architectural improvements made to it that resulted in Phenom II, and look what happened to the 65nm Athlon (over that of their 90nm predecessors)...IMO I have come to view the achilles heel as being none other than the 65nm process tech itself having failed to enable a competitive product lineup more so than the architectures.
Had AMD been more aggressive with the 65nm process, enabled better clockspeeds and better sram density (two things that PhII had for it over PhI), then I think Phenom would have generated a very different legacy for itself.
65nm vs. 90nm: AMD's Athlon 64 X2 5000+
Sure the TLB bug didn't help Phenom but that was mere 3 month stepping correction, but something was generally amiss with that 65nm node shrink and everything that was produced from it showed this in one area or another.
It was almost like 65nm was to AMD what 90nm was to Intel. I think Phenom would have done just fine at the time had the underlying 65nm process tech really differentiated itself from the existing 90nm process tech at the time as Intel's managed to do (Cedar Mill vs. Prescott).
My 4850e was a pretty nice chip at 45w. I dont think amds 65 nm was that bad. Intel on laptops was basically looking at 2ghz single core chips with 25w TDP on 90nm.
