According to what I have read on the Adobe Forums, Grand Central was not intended for Pro applications like Photoshop. It was intended for applications with simpler requirements. In order for the Pro applications to work with multiple cores, they will still have to be coded by the programmers as they have been up to this point.
Jim
Yes there is a lot of assumption grand central will just make everything multi-threaded and that isn't the case. Part of it however is making it easier for developers to make their code multi-threaded.