Interesting interview with Donald Knuth (highlights here):
With the caveat that there's no reason anybody should care about the opinions of a computer scientist/mathematician like me regarding software development, let me just say that almost everything I've ever heard associated with the term "extreme programming" sounds like exactly the wrong way to go...with one exception. The exception is the idea of working in teams and reading each other's code. That idea is crucial, and it might even mask out all the terrible aspects of extreme programming that alarm me...
and:
To me, it looks more or less like the hardware designers have run out of ideas, and that they're trying to pass the blame for the future demise of Moore's Law to the software writers by giving us machines that work faster only on a few key benchmarks! I won't be surprised at all if the whole multithreading idea turns out to be a flop...