For my computer graphics and processing work, multithreaded tasks scale amazingly well with the number of cores so single core performance doesn't matter all that much. A single thread isn't even be able to process all the data that's streamed from an SSD. I need three threads just to process/prepare the data in the background, in addition to the main thread that keeps rendering.
I suspect it's only a matter of time until multithreading is a must for games. The additional programming effort may not have paid off if players only have 2 or 4 core CPUs, but now that 8 cores with 16 threads are increasingly common, it's going to make a difference.