The GPU can be power gated if its not used anyway so there should be no impact on power consumption, like with 2D applications and discrete graphics. If you look over the desktop S and T Ivy Bridge lines, the mobile ones have better specs in both the CPU and GPU.
We do have the "same performance with 50% lower power shown here.
3667U should be perform like the 2640M but at 17W and much better graphics. It's clocked slightly lower but the IPC improvements will make up for it.
They also have the "20% performance gain at same power" but I'm not sure where. But if I am a betting man, it would be on the Extreme Editions. 😀