Jazzy1 :
At the beginning of the year, I bought an i7 2600 cpu. Now I'm worried that since the next-gen consoles will be using amd hardware, the intel processors will start to suffer. Also, I live in South Africa and got the intel cpu for R1900 which would equate to $190. The fx8350 is R2800 which equates to $280. So, I actually got the intel cpu for a good price. Did I make the wrong choice?
That sounds a great deal if you got an i7 cheaper than an FX-8350! As for "the wrong" choice, um hardly! The 8-core Jaguar in the new consoles is basically the equivalent of 2x AMD A6-5200's operating in parallel with an "iGPU" that's roughly on par with a 7790-7850 AMD discrete card. The XBox one runs at only 1.75GHz and the PS4 only 2GHz. Assuming perfect 100% core scaling (which rarely happens in reality), you could take the A6-5200 score, double it, and it'll still be way short of a i5 let alone i7...
"The major change between AMD’s Temash/Kabini Jaguar implementations as what’s done in the consoles is really all of the unified memory addressing work and any coherency that’s supported on the platforms. Memory buses are obviously very different as well, but the CPU cores themselves are pretty much identical to what we’ve outlined here.
AMD A4-5000 1.5GHz Jaguar Quad-core = 0.39 1T / 1.5 4T (Cinebench 11.5)"
http://www.anandtech.com/show/6976/amds-jaguar-architecture-the-cpu-powering-xbox-one-playstation-4-kabini-temash/3
Double that (for 8-cores) and add 30% (for 2GHz)
and you get Jaguar-console-equivalent Cinebench 11.5 scores of : 0.5 (1T) & 3.9 (8T).
Cinebench comparison:-
FX-4300 3.8GHz = 1.04 (1T) / 3.24 (4T)
i3-3220 3.3GHz = 1.50 (1T) / 3.30 (4T)
XB1 @ 1.75GHz= 0.45 (1T) / 3.50 (8T)
PS4 @ 2.0GHz = 0.50 (1T) / 3.90 (8T)
i3-4340 3.6GHz = 1.79 (1T) / 3.94 (4T)
FX-6300 3.5GHz = 1.07 (1T) / 4.50 (6T)
i5-3350P 3.1GHz = 1.39 (1T) / 5.60 (4T)
i5-3570K 3.4GHz = 1.60 (1T) / 6.05 (4T)
FX 8350 4.0GHz = 1.11 (1T) / 6.94 (8T)
i7 3770K 3.5GHz = 1.66 (1T) / 7.91 (8T)
Basically even with 8-cores, the very slow sub 2GHz clocked console chips have 2/3rds of the performance of a very low-end i5-3350P clocked at 3.1GHz, and roughly similar to a high-end Haswell i3-4340 at 3.6GHz. Overall, they're basically a half-speed FX-8350. Look at FX-6300 vs i3-4340 1T scores, and you instantly see Intel has a whopping 70% IPC advantage over AMD desktops almost at same clock (and consoles run at half the clock speed).
And this will be the "base target benchmark" for cross-platform games developers for years. It's hardly going to make quad-core i5/i7's "obsolete" because as has already been said many times before - there's more to performance than simply counting the number of cores.