I bought a 2.6Ghz P4c (800mhz), and it's running now at 3.4Ghz stable. I use it alot for mpeg encoding, so P4 is far better for me than a AMD. For General use or Gaming, get the fastest AMD you can. For Autocad, Photshop, Audio and Video Pentium 4 is the better choise.
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I think I'll stick with my Equinox and WK4 - www.jukeboxband.com