I don't think that's how it works.

- Normally ALU implements all "light" operations (i. e. add/sub/and/or/xor) in a single block, separating them would result in far more interconnect overhead. Often, CPUs have specialized adder-only units for address generation, but never a xor-specialized block.

- All CPUs that implement hyper-threading also optimize a XOR EAX,EAX into MOV EAX,ZERO/SET FLAGS (where ZERO is an invisible zero register just like on Itanium and RISCs). This helps register renaming and eliminates a spurious dependency.

- The XOR trick is about as old as 8086 if not older.

Right. Keeping down the number of slots the scheduler and bypass network need to worry about is an important design pressure.