Goals in the 2nd minute from Peter Whittingham and in the 11th minute from Jimmy Floyd Hasselbaink (a stunning strike), saw the 2008 Bluebirds into territory last witnessed by Fred Keenor's winning Cup team of 1927.
Wolves disappointed as an attacking force and only when Mick McCarthy threw Freddy Eastwood into the match just before half time did they even look like threatening.
City saw the game out easily enough and may have extended their lead as Paul Parry missed two great channces early in the second half.
Whittingham's goal was set up by a neat touch from Hasselbaink that split the Wolves defence and set Whittingham through 1 on 1 with Hennessey in the visitors goal. Whitt's made no mistake rolling the ball past the keeper and into the net.
Then a breakaway goal. Wolves had possession (something they had quite a lot of without actually doing anything with it) but Hasselbaink picked up the ball in his own half. He moved forward into the space in front of him and spread the ball wide to Paul Parry who was just managing to keep himself onside. Parry raced into the corner and his cross eluded everyone except Peter Whittingham who's first time touch rolled the ball back towards Hasselbaink's right boot, in a moment of sheer class Jimmy dummied and sent defender Gary Breen in the wrong direction before curling the ball into the top corner with his left foot from the 18 yard line. 2 - 0 and game over after just 11 mins.
Now City go into Monday's draw just one game away from a Wembley apperance and a first time in the 1/4 finals in 81 years.