Computerbase reports that the X470 boards already shipped with the Spectre V2 mitigations and that there is no impact on performance, not even disk performance.
So, Zen isn't Meltdown vulnerable, Spectre v2 fix doesn't impact performance, and Spectre v1 fix through the OS doesn't seem to impact performance either.
Great! Love my 1700 more every day
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On the other hand and while we're at it, I just updated my old Sandy notebook with the latest microcode (as Lenovo would never release a new BIOS update), and is now Spectre v2 fixed. It does seem slower and less snappier than when just dealing with the Meltdown fix... oh well. My parents use it for basic web browsing, so they won't feel much of an impact.