Processor or Graphics. New laptop help.

I am a gamer, and my laptop with primarily be used for gaming and schoolwork. I have to get a cheaper laptop, so these are my choices. I wondering which would work better for gaming, price difference between the two options is of no importance. Okay so here is the tradeoff. I can get the

"Mobile AMD Turion™64 ML-44 CPU @ 2.4GHz 1MB Cache Ultra Low Voltage 35Watt w/ HyperTransport Technology "

with the

"ATI Mobility Radeon X700 Graphics Processing Unit (GPU) 128MB VRAM Video"

or the

"Mobile AMD Turion™64 MT-40 CPU @ 2.2GHz 1MB Cache Ultra Low Voltage 25Watt w/ HyperTransport Technology"

with the

"Built-in Mobility™ Radeon® X1600 256MB PCI-Express X16 Video "