[please send any detailed discussion of MatLab to the poster and not to this group. --- moderator]
At the risk of starting a flame war, can anyone comment on whether Mathematica 3.0, with its number crunching improvements, is efficient enough to replace matrix-oriented tools such as Matlab for pure numerical tasks? Informal benchmarks would be greatly appreciated.
BTW, I have yet to see 3.0 in action, so this question is driven by teaser descriptions on Wolfram's Web page and at least a bit of wishful thinking.