A i5 will have 4 full cores.
A i3 will have two cores plus hyperthreading.
Hyperthreading uses unused cycles of the main cores to dispatch two additional threads, giving the appearance of 4 threads. But... since a hyperthread is using only part of a core, it will be perhaps only 25% the power of a full core.
The FX 8350 chips are advertised as 8 cores. In actuality, there are 4 modules with two cores each that share some resources. Not unlike hyperthreading if the shared resources are needed by both tasks. In essence, I see a FX8xxx ad a hyperthreaded quad core with hyperthreading that is perhaps 80% effective. Not bad, but not perfect either.
More importantly, the intel architecture has improved so that an intel core is perhaps 30% faster per clock than an amd core.
What does this mean to you?
If you are gaming, most games will only use 2-3 cores. So faster cores with a quad is the most effective way to go.
There are some exceptions like FSX. I doubt that game producers will undertake the expense to make their games fully multi core enabled if they also require more than 4 cores to run. They would not sell many.
On the other hand, such apps as rendering are multi core enabled, and the extra cores of a FX-8xxx will overcome the individual core speed of a intel chip.
See what your usage will be and select accordingly.