Has anyone used the Parallax Propellor chip? It looks very interesting - especially the 8 parallel processors. I am concerned by the fact that their "SPIN" language is interpreted instead of compiled. I'm used to compiled C on a 20 MHz PIC, so I would be very disappointed if an 8-threaded Propellor has less performance than a single-threaded PIC.
Any insight would be appreciated, especially performance comparison experience.