Single-core benchmarks vs clock speeds.
http://www.anandtech.com/bench/Product/697?vs=701
Notice the first pass x246 numbers, single core cinebench single thread numbers etc. (both 10 and 11.5)
The i5 wins even though it's running at a lower clock speed.
The fps in most games is better too. (Although how noticeable "better" is in actual use will vary)
OP, The 8350 is a solid CPU.
It's not as fast for gaming but probably "close enough" in most cases. And once you start using multi-threaded applications like video editing, it's even better than an i5.
Enjoy.