According to this: http://www.anandtech.com/cpuchipsets/intel/showdoc.aspx?i=3038&p=7
E6550 is 0% faster than 5600+ at Windows Media Encoder.
But
5600+ is $150 (http://www.newegg.com/Product/Product.aspx?Item=N82E16819103771)
E6550 is $180 (http://www.newegg.com/Product/Product.aspx?Item=N82E16819115030&Tpk=e6550
So it's 20% more price for no more performance.
--
About all the people going "8800!!!!!!!!", it's too expensive to justify because it has no video playback acceleration and maybe a 20% increase in framerate for double the price. Like I said, AMD offers better value in graphics cards at your price range.
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