Right now, from the looks of it, the only way AMD can compete with Intel is to do what they did in the GPU Market. Make something really good and put it at a low price.
The slowest i7 CPU on that list is $300 bucks. Right now I have seen a few sites with a AMD test model of the new 45nm Deneb cores and I can see that they can hit 3.4Ghz. The model they were using was set to 2.3Ghz from the start, so that's a mighty high OC. And isn't this the line of CPU's that Intel is enforcing there no OC policy? Something with two clock generators and you have to get the extreme line to OC.
Here's where I got that info on the AMD Deneb. The only way AMD can compete is if they whip out a good CPU and price it low as hell.
True it's running Super-Pi which is single threaded, but pay more attention to the clock speeds. 2.3Ghz seems like something AMD would put out. 3.4Ghz seems like a dam nice OC. I'm still looking for more reviews on it, but I am having no luck.