Jess Cliffe has posted word on the Steam website that the Half-Life 2 engine has been updated with optimizations from the Xbox port, and has had its capabilities extended in preparation for the Day of Defeat: Source launch coming up on Monday:
Updates to Steam have been released. The update will be applied automatically when your Steam client is restarted. This release includes a number of very specific CPU and memory footprint optimizations brought over from the Half-Life 2: XBOX development codebase. The release also includes all of the engine groundwork to enable the Day of Defeat: Source launch that will happen Monday, September 26 at 3:00 PDT.
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