I find it interesting that so many people jump to say that yes, you need/should learn assembly. To me the question is how much assembly do you need to know? I don't think you have to know assembly like a programming language, that is I don't believe that everyone should be able to write a program in assembly, but on the other hand, being able to read it and understand what it actually means (which might require more knowledge of the architecture than the assembler) is enough.
I for sure cannot write assembly (i.e. write any non trivial piece of code in assembly), but I can read it and that together with knowledge of the actual hardware architecture, and the calling conventions that are being used is enough to analyze performance, and identify what piece of C++ code was the source of that assembly.
