> threads should only be used to exercise multiple CPU cores and never as a way to work around blocking IO.

Well, nothing, except the simplest of tasks, is pure IO. If you are talking about asynchronous programming, that is basically the cooperative multitasking of the Windows 3.1 era. One event handler will, if it performs a lot of computations, block another from running. Most people seem to forget that the CPU is a resource that can be blocked too. So in the end you still end up spawning threads to reduce latency.