Well, sort of, but then the moment you run into hazards [1], bad branch predictions [2] or any other problems, the CPU will either stall the pipeline a few cycles or just flush the whole thing, so it's not like it's a magic solution just waiting to be adapted.

[1] http://en.wikipedia.org/wiki/Pipeline_hazard [2] http://en.wikipedia.org/wiki/Branch_predictor

Yes, but being inside the CPU means that it can be much finer grained which makes the problem much easier.