Being a former Intel Junkie, I have to speak (But I know i'm gunna get REAMED!)
The P4's aren't crap. Overall they aren't crap. They are currently crap, because NOTHING makes use of anything that they provide! That, and they are MUCH too expensive (what w/ having to buy RDRAM for them and all . . . Hell, I could build a SYSTEM for what they're charging!) I picked up my Tbird 1000 Mhz for under what they were charging for a PIII 800EB, which I originally wanted. Once the infrastructure is in place for them (I.E. Programs that use the **** they provide), I'm sure that they'll be alright, and quite a contender (specially if they lower their prices . . . yeah, right!) But for now I'm happy w/ my AMD. I had never used one before this, but I must say that I'm impressed!
Just my two cents