Xcode 3.2.1 GCC CLANG and LLVM demystification

The readme included with the new Xcode 3.2.1 this week says the following:

Static code analysis is fully integrated within the Xcode IDE via the Build and Analyze option under the Build menu or via custom build settings
GCC 4.2 is the default system compiler for the 10.6 SDK
The optional LLVM compiler is included using two different front ends - the Clang compiler is a leading-edge parser that offers dramatically improved compile times. For maximum compatibility, the GCC LLVM compiler utilizes the LLVM back-end with the GCC 4.2 parser.
New optional Clang-LLVM 1.0 compiler uses the much faster Clang front-end parser coupled with the LLVM back-end compiler for fast compiles and fast executable code. Many projects will benefit from this compiler combination, although GCC 4.2 is still the system default. The Clang-LLVM 1.0 compiler will fall back to using LLVM-GCC 4.2 when it encounters C++ code.

Our company has existing projects that are pure C, Objective-C, and Objective-C++ for desktop and iphone. Can someone summarize at a high-level the differences between LLVM, GCC, CLANG, CLANG-LLVM, WordFoo et. al. and explain what they are and when we should be using each and for what? It would be nice to have links to more a detailed explanation, but I'm really just looking for a high-level overview.

In a nutshell:

Compilers are basically split into two parts. One being the front-end that contains the parser and semantic analysis for the programming language. The front-end produces some kind of intermediate representation of your code. Then there's the backend which takes the stuff the front-end produced, optimizes it, and eventually generates assembly code.

GCC: well known compiler, contains both front-ends for various languages and back-ends for many processor architectures
LLVM: a set of back-ends for various architectures (and other low-level stuff)
clang: a new front-end for C, Objective-C, and C++; uses the LLVM back-ends. You'll get more readable errors and warnings from your compiler and shorter compile times. You might also encounter incompatibilities or bugs; clang is a very young project.
LLVM-GCC: GCC's front-end with LLVM's back-end. LLVM's back-end is faster than GCC's.

clang's (Objective-)C++ support is far from being complete so it calls llvm-gcc when it encounters a C++ source file. It also contains the static analyzer that is now integrated into Xcode. Some people say LLVM's back-end generates better code than GCC's but your mileage may vary. LLVM also supports link-time optimizations (which you can enable in Xcode's project settings). They may produce faster code.

Apple wants to replace GCC with clang in the future because they have a policy against GPLv3 licensed code (GCC 4.2 is the last version that's licensed under GPLv2).