So per clock it looks like (from all the discussions i'm reading on it) about a 10% improvement per clock. And supposedly will be clocked a bit higher. So probably around a 20% improvement in real world performance. Which is about what most of us predicted. 20% improvement over Nehalem in a single threaded app is NOT a bad thing, folks! Looks like higher on some synthetic benchmarks, but meh hehe.
Woot. I am planning on building a Sandy Bridge system next year for sure. Well, what can I say...I live in Oregon...*right* by the Sandy river actually. It'd just be wrong of me not to buy one. . .
And yes of course AMD has a chance, why wouldn't they?

Yeah there was that one thread where someone was saying "oh, sandy bridge will be like 100% faster blah blah" but the sane people knew that was nuttttters. Just like the ones saying bulldozer is going to be so good it'll make it look like the K8 days again...Nah, doubtful. I expect bulldozer to be a bigger improvement, % wise, over phenom, than sandy is over nehalem though. I plan on building a bulldozer system as well, I am super excited about it.