Yes, but compared to today's standards, CRAY is old news!
The BlueGene/L is the most powerful computer in existence.
Although they may have differences in power, they are both structured the same way. The BlueGene is structured the same way any home computer is.
It has multiple CPU's (your computer has just one) linked together on a rack-about 10-20. Each unit has about 20 racks and there are over 100 units linked together, so when you add it all up, the BlueGene is a few hundred thousand times more powerful than yuor average desktop!
But that's not all; what really matters is whether the computer is structured for image processing or mathematical calculations.
The BlueGene is being used for protein modeling, however-it is rumoured that it is secretly being used to build human DNA (as thought by conspiracy theorists) and consequently build an artificial human (without any human intervention)
Good Link!:
http://www.IInI.gov/asci/platforms/bluegeneI/
BlueGene's Government site
and Cray if you're interested
http://www.cray.com/