Upgrading CPU question

This may be a stupd question, but if were to upgrade to a quad core while still running DDR2 800 would there still be a performance boost from a P4?

Looking at upgrading the mobo to P45, but wondering if it's worth it to upgrade to quad core, and then whether to also upgrade RAM (starting to add up)...

Suppose if I were to do all three, could also have options with AMD vs. Intel, or to go all out to i7... If converting from Intel to AMD what would be the main points to consider for existing hardware? Are all graphics cards compatible? HDD?

Thanks for the help/opinions,
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More about upgrading question
  1. If I were going to spend more than, oh say, $100 to upgrade a computer for anything other than hard drives, I'd wait to see what's happening this with AMD and i5.
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