he´s right about one thing though. amd goes down - no price cuts at Intel(or very few), new microarchitecture once in 5 year. basically they would just sit on their butts and count money.
i´m not saying go buy underperforming cpu for same money but i surely hope amd will sort this out somehow. Intel has been trying very hard to put amd out of bussiness lately and so far they have done well. amd needs something to respond with, so lets hope they can pull through.