As you can see there is no doubt that in a lot of benchmarks, a stock 2.8GHz i5 will outpace a stock 2.6GHz i7 with or without HT. Where things become more interesting is single threaded apps where i5 should go even further ahead with a higher turbo. In this test, the i5 consumed less power but I expect the 2.8GHz i5 will make this gap smaller.
The biggest test of i5 is how it ocs. Normally we would expect the mainstream platform to be outclassed by the upper platform chips. However, seeing Intel has been rumored to EOL the lower i7 models, Intel no longer has to do this. Thus, it is possible that i5 chips could oc just as well as their bigger brother. If this does happen, the i5 would indeed turn out to be great for gamers and computer enthusiasts alike, the only MAJOR downside is for multi gpu setups. Folks with Tri SLI or XF would be better off with 1366 which would cost considerably more money than the i5 platform [assuming 950 and 920 do get phased out].
The lower voltage would mean a cooler chip and if the i5 has a similar headroom to i7, we can expect big ocs. Not having an i7, I can only go by what I have read in this forum. It seems that with D0's the limiting factor is the load heat. A cooler i5 with lower stock vcore [and higher stock frequency] may make 4+GHz available for all and 4.5GHz standard to good batches.
At the end of the day, Lynnfield could be something worth wild.
EDIT : As I said in another thread, if the Lynnfield substitute for the 920 is the same price, either Intel is going to make a lot of money relative to the 920 OR the 920's margin was too small.
EDIT V2: Game benchmarks for lesser pc folks like myself.
These were with a single 4870, can't wait to see multigpu benches.
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