After talking to a number of end users, we found that running 32-bit applications [on Itanium] was not a common usage model.

You've got to rebound and beat them up and down the floor. They're not use to post players running the floor, so you've got to run with them.

IA-32 EL provides much better performance and flexibility for 32-bit applications on Itanium. With Montecito, we took back the silicon area that was being used up by the x86 hardware support.

It was required for us to do additional work to meet the production-level quality Intel is known for.

In order for us to deliver the highest-quality production parts, we need some additional time.

We have the opportunity to deliver better performance in 2007. Therefore, we are canceling a product and replacing it with something else.