For your info. bud, I don't even own an AMD machine, I'm runing an old Celery 300A @ 450....but I still know what I know.....
Read reviews, look at benchmarks, look at the 2 company's CPU Roadmaps
So, what you are saying is that you don't have any practical experience with any modern processors, well most of us here have built up several machines (I for one, have worked in a computer store for 5 years and have built up machines from 486's to P4's and from Celeron's to Durons, Multiple Processors, and have dealt quite a bit with AMD). I would say that AMD has a far worse track record then Intel, sure Intel has not been on it's ball for the past year, because they have set up risky situation which could either put AMD back where it Intel wants them or put them where AMD was (In other words, htey are trying new products which are really advance to gain industry standard with games, os's, and different components, but at the risk that other companies might not choose to incorporate their new technology). I personally have had many problems with AMD over the years, they're version of the 486 was [-peep-], the K6-2 was the most overated and instable processor I have ever seen. Even the original Athlon which brought AMD out of the stone age had compatibility problems. Ever since then, AMD has produced Processors which have high power requirements and therefore produce massive amounts of HEAT (simple physics, energy can not be created or destroyed so where does this electrical and potential energy go to heat).
A lot of people overlook the heat issue. They don't realize what heat does to not only shorten the life of the CPU, but to the rest of the components, most people don't talk about heat burns on ram, but believe me I have seen it. People bring in their computers for repairs, they have invested all this money into this good equipment, but overlook the cost of better cooling. To have still air in the computer no matter how low you case temperature may be is a dagerous thing.
I personally think that AMD is on a good track right now with lots to improve, they have come a long way from those instable and incompatible processors to entering the high-end workstation and server market and threatening Intel all over the place. I think that the Athlon 4 will be exciting to finally see their great performance with 30% reduced heat and lower power requirements. The Pentium III Tualatin is also somewhat of a bargain processor for the performance.
For anyone wanting to buy a new system or upgrade, I suggest waiting for:
1)AMD Athlon 4
2)Nvidia nForce
3)PC-2400 @ CAS 2 DDR RAM to be an industry standard
4)Intel Pentium III Tualatin / Pentium 4 Northwood
5)DDR Ram support for the P4
6)The ATI R200
Although, personally I have never liked ATI's products (even though I live where they're headquarters is: Toronto, Canada). Once these are available, I would suggest to wait for the reviews and what people are saying about the new products on the forums to make a decision between Intel or AMD then make an informed decision on which route to go.
Just remember to buy proper cooling wheteher you overclock or not. Even though both of these products will feature lower heat output and more cache due to reduced die size, never neglect what heat damage does overtime.
If you plan to run your system for at least 5 solid years then trust me you can't back off of good thermal paste like Arctic Silver II, a solid copper heatsink/aluminum heatsink with copper underlay (Alhpa or Swiftech). A fan that can move air away with a good cfm/rpm rating (Delta).
Make sure you have proper airflow in your system. Use rounded IDE Cables, tie up all loose calbes, make sure you buy a large case that is easy to work with, mount fans in the front to suck air in and fans to vent air in the back, make sure you buy a power supply with a grill or fan underneath to suck air out of you case. Be sure you read the cfm and rpm ratings of the fans you buy and the size they are, if you are worried about noise you can get sound proof insulation for your case or purchase products with low decibal ratings.
Failing this check out <A HREF="http://www.quietpc.com/products" target="_new">http://www.quietpc.com/products</A> for some good products to reduce noise levels.
Remember to go to <A HREF="http://www.overclocker.com" target="_new">http://www.overclocker.com</A> for some great reviews of cooling products, tips to reduce noise and some neat little case mods which help out if you are on a tight budget (they work well too, I have tried most of them).
I hope I was able to help. If you have any questions send me a message or reply to this post.
My System: <A HREF="http://www.anandtech.com/mysystemrig.html?rigid=9417" target="_new">http://www.anandtech.com/mysystemrig.html?rigid=9417</A>