i am running an AMD 3200+ and it kicks butt. Also I think MS is still giving away the 64 bit OS for FREE for 1 year. I have it but loaded the standard 2 bit waiting to make sure the drivers are all "smoothed out". When it comes to reload time I will drop in the 64 bit OS.
Right now its smooth as silk running the 32 bit stuff. The P5 is now pushed back to mid '05. WE geek types can find a lot of CPU info from the the Wall Street crowd. Right now that crowd is VERY displeased with Intel delaying the P5 AGAIN. Most of the tech sites get the word from the Wall Streeters as the guys know what, when, etc. They don't look at rumors and performance gimicks. Here is a good example:
http://yahoo.businessweek.com/bwdail...0397_db016.htm
In short, go with the bird in the hand. Price shop, buy from a good reseller (as rated right here), a frag till the cows come home. Number one on my list is to set a budget and spend every penny to max it out. Do not get emotional and spend more. It will only be cheaper tomorrow.