I cant honestly see how that CPU could be a match to a 3570K on gaming. Many games still got issues supporting more than 4 cores.
The competition is stock clocked, so how would it look when that stuff is running OC too?
Another weak spot is simply the insane juice that CPU is consuming (as much as two 3570K at once). It may not be a big deal for overclockers who got insane coolers and systems that big that any casual is gazing in fear. But what can it bring to the usual mainstream consumer? To be blunt, the only advantage i see is its price and prehaps the price/performance ratio. But any other spot is not comparable.
Apart from that, at least one step forward but surely not something which is making me buy AMD CPU. Unless i have some need for a combined approach, such as a APU where AMD seems to be strong in several spots.