Depends what you're looking for. Since they're both mobile processors, I'm guessing you're looking for performance per watt, in which the Pentium M would be more suitable. The Pentium 4-M might outmuscle it, but it consumes way more power. The Pentium M was designed to give great performance while managing power efficiently, something very important when it comes to notebooks.
Yeah yeah i understand the centrino platform , chipset-wireless card-processor . my laptop had the centrino trio but then i believe the wireless card must have broken and so the user who had it before me replaced the wi-fi card with a non centrino one and so now it isnt true centrino
any way many people confuse the pentium M for the intel centrino processor which dosent actually exist