The product description is a bit contradictory in places. For example, they state 2.4 GHz clock frequency in one place, but 2.8 GHz in another. And they could not wrap their minds around the concept that two quad core processors have 8 cores in total, not eight cores each ... (and this gets more complicated with Hyperthreading. This machine will run 16 threads in parallel under MacOS X.)
All in all this seems to be the standard configuration of the smallest dual processor MacPro, and the standard price. Exactly the same what Apple would sell you directly through their online store (
http://store.apple.com/uk ).
The Radeon 5770 is full featured with respect to the needs of OpenCL. OpenCL generally has a few rough edges, but Apple's implementation is said to be reasonably nice. I do not yet have first hand experience with it, but I might have in another 4 weeks or so ... Anyway, the biggest problem with OpenCL currently is interoperability. The language specification is deliberately vague in a few places, to leave the diverse implementors with a bit of leeway. But this has the side effect that one can unintentionally write platform specific code. OpenCL is not a virtual machine; it is not a smallest common denominator. It is an abstraction from the underlying hardware, but it still allows you to get fairly close to the bare metal.
MacPros in general are fine machines. They are overpriced, but they tend to be overengineered, too (in a positive sense). You won't get the fastest machine or the highest pile of hardware from Apple, but you get a solid workstation with easy access to the innards (if you are so inclined) and a very bearable noise level. Don't ever buy RAM or harddisks from Apple; upgrade those components yourself.
The big selling point IMHO is MacOS X. It may not be the best thing since sliced bread, but arguably the most usable GUI on top of reasonably nice UNIX underpinnings makes for a very nice combination. You can get Linux-style package management for most of the usual open source software, if you are not content with what Apple has included.
I consider MacPros to be somewhat of a luxury. I happen to like them, and use one myself, but I don't usually recommend them to other people. You should only buy one if you can stand the sight of machines that cost one grand less, but seem to have all the same features and more in their glossy brochures. The one strong point of Apple's computers is that they are very well integrated systems that "just work". You will totally miss out on being your own system administrator. Oh, and Macs tend to retain a bit more resale value than PCs ... but obsolete hardware generally doesn't fetch much, so this doesn't offset the higher price.