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Whilst AMD are pushing the cheap/low end graphics thing, I think the APU's are really designed for GPGPU and should conform to the new OpenCL standards. AMD know their CPU's are miles behind Intel so they're banking on their GPU tech and OpenCL taking off in the future to offset this performance deficit.

That's the impression I get at least.

Edit: Btw, the integrated graphics on the Intel chips is miles behind the graphics in the AMD APUs so you would definitely need a dedicated GPU if you went with an i5