The Cell does not replace the PowerPC, as the latter is still being manufactured for various applications: The high-end PPC970 (Apple's G5) is used in servers, blades and high-power embedded applications, older PPCs are used mainly in other embedded applications (especially networking/routers, and in military).
Even if the Cell is actually based on PPC
So you admit I'm right and you didn't know what you were talking about? Actually, the PowerPC, IBM's POWER server/workstation line and the PPE of the Cell are all POWER architecture. There are nuances, but the Cell PPE is best referred to as a PowerPC, and it runs PowerPC code, making it PPC compatible contrary to your statement. There are even more applications, as each of the three cores of an XBox 360 are variants of the PPE of a Cell (time for you to bitch about Microsoft, I won't hold my breath) and the Wii uses a single-core variant.
It appears you are Googling at straw to save your futile argument, not arguing out of actual knowledge.
Not now it doesn't, but it didn't stop you from endlessly going ga ga over it in an unrelated thread about Apple's new O/S.