If I don't set up an smbios.plist, my Snow Leopard installation defaults to iMac8,1 (Chameleon 2.0 default I guess).
I usually use iMac9,1, and for a good reason.
These two Geekbench results were obtained on the exact same installation and hardware configuration - the one with the ~30% higher score is from when I'm using iMac9,1 as model identifier.
Click to view attachment
When using an iMac8,1 smbios.plist, VLC media player uses up to 100% CPU time playing high definition H.264 video - when using iMac9,1 it doesn't pass 68%, playing back the same clip - the difference is on par with the Geekbench result.
Running VoodooMonitor when using iMac8,1 it looks like my CPU is locked at its lowest P-State, which is just below 2GHz.
Of course this should only make such a huge difference on a system with AppleIntelCPUPowerManagement loaded.
For more information see this post by 18seven:
http://www.projectosx.com/forum/index.php?...post&p=2062
