At first sight, the relatively low performance per core of ARM CPUs seems like a bad match for servers. The dominant CPU in the server market is without doubt Intel’s Xeon. The success of the Xeon family is largely rooted in its excellent single-threaded (or per core) performance at moderate power levels (70-95W). Combine this exceptional single-threaded performance with a decent core count and you get good performance in almost any kind of application. Economies of scale and the resulting price levels are also very important, but the server market has been more than willing to pay a little extra if the response times are lower and the energy bills moderate.

via AnandTech | Calxeda’s ARM server tested.

As usual another thorough review from Anandtech.  Below is another interesting architectural tidbit.

Let’s start with a familiar block on the SoC (black): the external I/O controller. The chip has a SATA 2.0 controller capable of 3Gb/s, a General Purpose Media Controller (GPMC) providing SD and eMMC access, a PCIe controller, and an Ethernet controller providing up to 10Gbit speeds. PCIe connectivity cannot be used in this system, but Calxeda can make custom designs of the “motherboard” to let customers attach PCIe cards if requested.