Intel has announced they have a version of ivy bridge that includes a cpu, gpu, and 1gb vram ALL ON THE SAME CHIP with roughly the bandwidth of a radeon 5770. For the immediate future this means cheaper and better portable graphics solutions. To put this into perspective, India is currently working on producing the first $35.oo tablet and sometime within the next five to ten years I expect to see a cheap tablet that can also run 3D games fairly well.
For those of us who are pc gaming enthusiasts the switch to faster 8 core processors means better physics and AI. These types of programs are highly symmetrical and lend themselves to 8, 16, 32, etc. cores that can run full blown matrices. Already there are a few games on the market such as Metro 2033 that take advantage of an arbitrary number of cores. However, reducing such equations to run well on a mere 4 cores is difficult and, therefore, the more cores the easier it becomes to produce great special effects. Hopefully it will mean a resurgence in pc gaming as people demand better special effects in their games instead of just pretty pictures.