q9550 will be faster. If you get it to 3.8 GHz, good. That would equal about 4-4.2 GHz Deneb. I am fairly certain that Deneb can not compete in raw speed when both platforms are overclocked. Sure deneb is going to be cheaper though. Then again, do you RAELLY care for the +/- 10 % differences which are program/application dependet and can only be seen via graphs?
Just get which ever is cheaper for you.
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