I recently built myself a desktop with an intel Core i7 920 processor. The Core i7 is a Quad core processor with HT technology, so the operating system believes it is running on 8 cores. I am running Windows 7 beta build 7000 on it. The following observations are based on the graphs on the performance tab in Windows Task Manager.
I observe that the first four graphs in the Task Manager seem to be doing most of the work on Windows. The last four processors are idle most of the time. The only time I have seen the fifth processor being used even a little bit is when I ran a bunch of programs at the same time (which proves that they are used sometime at least).

My questions are:
1. Is Windows optimized for a maximum of 4 cores?
2. In the case of a quad core processor with HT, how are the graphs in the Task Manager arranged? Do the first four graphs correspond to the physical cores, and the last four graphs to their HT "shadows"? Or is it P1, P1shadow, P2, P2shadow, etc? Because, if it is the second case, then I will get better perf out of Windows by turning off HT.