We are just as surprised as anybody else. Apple is going to switch to Intel processors for the Mac lineup, starting June of 2006.
Note: It does appear official – “Classic” apps (those build for MacOS 8 & 9, and/or below) will not be able to run under the “Rosetta” emulator that runs PowerPC apps on the Intel-based Macs. This is fairly serious for many of us, but every indication is that PPC machines in use now, and including those sold through the end of the transition to Intel, will be supported for several years to come. There’s also nothing that says you can’t hold onto an old Mac to run what you need, or that somebody won’t produce an emulator.
Additionally: Joy of Tech has an amusing cartoon detailing the “Five Stages Intel Macs”