Mantle/DX12 aside, what about the everyday user of desktop hardware that doesn't game? (As we have seen AMD A8 and A10 Pre-built desktops appear to be at a massive price disadvantage compared to the Intel competition)
AMD may just have to suck it up and accept the fact that Intel can undersell them thanks to the 22nm process advantage and all the economic benefits that come along with it (not to speak of 14nm). My guess is that AMD wants low-end users to buy 1M + GCN chips and rely on HSA/OpenCL for acceleration often enough that the AMD chips can still compete with Pentiums and Celerons effectively. There are probably some opportunities out there for such a solution to work occasionally, but it'll be pretty inconsitant. Really, the machine with an SSD is going to "feel" fastest for that use case anyway.
Or maybe they can convince an OEM to start selling cheap A8-7600 boxes, but the tray price on the 7600 would have to come down for that to happen. And again, process process process . . .
P.S. Regarding the use of igpu to boost dGPU gaming, I don't know much about that now but I do wonder how soon it will pick up? I also wonder how well it will do for a person to spend extra money on an iGPU vs. having a better cpu (but worse iGPU) for dGPU gaming. Something tells me having the better cpu is still going to be the better option.
Bear in mind that, in some circumstances, you won't be spending more for an iGPU. Consider what most people recommend for a budget-to-midrange machine nowadays: a Haswell i5 on LGA1150. The cheapest is the i5-4440 (so far as I can tell) which is around ~170. In contrast, you can grab an A10-7850k for ~$135-$140,
depending on where and when you buy it. If DX12 shows up big for iGPUs and the 7850k starts consistently beating i5s in new games while running a 290x or 380x or whatever, then you haven't spent extra money buying the better DX12 gaming CPU.
Or to present another scenario, let's say people are picking between Broadwell Iris Pro and 4790k or a 5820k. I have no idea how much that Iris Pro will cost (probably not too much, it's only a 65W part or something?), but I expect it won't be more than the 4790k or the 5820k. Now in this scenario, sure, Iris Pro might come out costing quite a bit more than a bone-stock i5, but you are (presumably) already dealing with a beefier CPU than some low-end, locked Haswell i5, so you've got to bring more powerful chips into the comparison before you can honestly say you're comparing a "small" CPU + "big" iGPU to a "big" CPU.
In what is an equally-probable (if not more probable) scenario, it is totally possible that DX12 titles will show up big on Broadwell Iris Pro + dGPU as compared to some previous-gen Intel processors that most people would expect to be "better for the serious gamer".
Now as to "how soon", I expect the first example of this phenomenon will be DX12-capable 3DMark, if they finally start allowing physics scores to be affected by a GPU (iGPU or otherwise).