Slashdot points to two stories by El Reg and ZDNet, which both report that the new Pentium 4 core (dubbed Prescott) will have an even longer pipeline than the previous P4 core, which had a longer pipeline than the previous core…
Intel isn’t helping the Megahertz myth any. Now granted, the Prescott core is currently set to ramp up to 4GHz (and may go beyond it), but I suspect that AMD will be able to push through similar benchmarks at a clock speed of 2-3GHz.
Anandtech has more information about the Intel roadmap and the AMD roadmap.
I run both Intel and AMD hardware, but have considered myself an AMD boy since the early Slot A Athlon days. (I did a writeup for the Athlon 800 and also my Tornado 1000 case at Next Dimension Hardware a few years ago)