I've read the article and it's not exactly conclusive. Most of what he says is out of context and refers to Sony's perception of the situation as if it were fact.
Is this story still going...
The PPE was an *existing* PowerPC core that was taken and rejigged for the Cell using new circuit design techniques. There's nothing spectacular about it other than it runs at 3.2GHz and only uses something around 25W on 90nm. Something nobody else got even close to.
IBM took the PPC part and used it in the 360's Waternoose processor (yes, that's the actual codename).
It's not actually that important though. All the action is in the Vector units. In the 360 they added on a heavily customised version of AltiVec. In the Cell they used SPEs.
You can see the similarity here:

BTW the design techniques are not that spectacular either, domino logic has been around a long time and it's been used in ATI GPUs, and is in use in the iPad / iPhone CPU. It was going to be used in the AMCC Titan but it got canned. It'll likely appear in more Apple chips as they bought one of the companies who specialised in it.