It's not hugely optimistic. The reports of the Zen 3 test samples that have released are literally saying a 200MHz improvement plus 8% IPC so far. Which is in line with what I stated above.
It should also be noted that by that time MS may indeed have sorted out the scheduler problems, hopefully some of that will be in the 1909 release at the very minimum (due any day).
Optimistic would be 10%+ IPC gain with a 300MHz+ clock speed improvement, which is in the realms of not likely.
We used to get IPC gains of 3% +200Mhz from Intel.
Zen to Zen+ was 5% IPC + 200Mhz (Official) and that's what we got)
Zen+ to Zen 2 was +15% IPC + 200Mhz (Official) Again that's what we got, i'm at about 20% higher IPC and +400Mhz vs my 1600, a total performance gain of about 30%.
If we take the fastest Coffeelake ST score from R20: 580, 9900K @ 5.45Ghz, the fastest Zen 2 currently 544, 3900X @ 4.65Ghz. (Shac and TNA are currently fighting it out) that is a 6% higher score for the 9900K at 18% higher clocks, that's an IPC difference of 12% to Zen 2.
Add 8% IPC and Zen 3 has 20% higher IPC than Coffeelake, add 200Mhz that's 4.85Ghz
At 4.85Ghz Zen 2 would score 568, add the 8% IPC to make it Zen 3 = 613 ST points, to score that the 9900K would have to clock to 5.8Ghz.
What i'm saying is clock speed is irrelevant, an FX 8350 clocked to 5Ghz, a 4Ghz 3770K was faster.