Oracle released new SPARC S7 CPU and SPARC S7-2 and S7-2L servers. This is really interesting SPARC CPU if you need low-end servers, the first one in many, many years which can compete with x86 both in performance and price. It has some unique features as well.
See launch video.
Various articles on S7:
Also see some benchmarks already published:
Database: S7 vs x86
Yahoo Cloud Serving Benchmark