It sounds like I will need to take this into the apple store, unfortunately, I'm out of town for 9 days, and am not carrying my new mac around :-)
Just to clarify, based on some of the responses, this is a brand new Mac Pro (the tube), so it has the latest OS installed.
What it appears to be doing is using three threads for each task and in each case running one thread at max (100%), then switching to another thread. I installed a CPU monitor which displays exactly that. It just keeps cycling thru three thread for each task, in effect each thead is working 33% of the time at 100% on one task. I see indicators in the CPU monitor for all 24 threads, but only 8 are active at one time, and those eight keep changing, changing on a second to second basis.
Thanks again for everyones input!