If then it will be the same bad, then it will be kind of surprise.
It is not bad at all. MPEG Audio compression operates on relatively small data chunks, L2 cache is very well used. Then LAME is not speeded up much with very good performance of X1000 memory bus. So only clock frequency and processor efficiency counts. We have 7447A processor running at 1.42 GHz in Mac mini and PA6T processor running at 1.80 GHz in X1000. Then clock-wise X1000 is 25% faster. But then PA6T is based on IBM core, not on Freescale core. It is also designed to be more energy saving than 7447. For example AltiVec has one execution unit less compared to 7447. It is not impossible that PA6T "per megahertz" performance is by 25% lower compared to Freescale's e600 core used in 7447.
It resembles the case of Pentium 4, which was significantly slower "per megahertz" compared to Pentium III. On the other hand P4 could be clocked much higher due to its new design. Too bad in case of PA Semi the development has been killed prematurely.