IMHO, based on the testing data, Photoscan doesn't support HT, and has a faulty algorithm(s) responsible for Photo Align process. Sounds reasonable to make it not use HP feature, unless we benefit from it.
I think it's wrong appreciation. For my tests are totally contrary.
HT On Much faster. Maybe it has to do with Board, Memory or Operating System, do not know.
My results with the proposed example.
Machine 01
Dual Intel Xeon X5677 @3.47 GHz. (4 Cores CPU; 4 Cores Virtual HT)
HT On 16 Cores Finished processing in 118.002 sec
HT Off 8 Cores Finished processing in 145.382 sec
Machine 02
Intel Core i7 3740 QM @2.70 GHz. (4 Cores CPU; 4 Cores Virtual HT)
HT On 8 Cores Finished processing in 140.927 sec
HT Off 4 Cores Finished processing in 180.951 sec
Clearly the HT works very well, and if Agisoft algorithm takes advantage, at least in my case, with two machines, of very different Hadware.