To eyton402:
I too am looking to upgrade my 1st computer. It runs on an AMD's Athlon 64 X2 5000+ Black Edition OCed to 3.4. My 2nd computer is the intel i7-920 along with a GTX 280. I will say that the i7-920 has shown a modest improvemnt over the Athlon, but not as much as I wanted.
So if Iwanted to have a really good system, and from what I have been reading and watching (look at crashmax73 videos under youtube) the i7-980x is the ticket. However it is $999. Quite a wallop in your pocket. I would go for the i7-950, considering it has gone down in price.
Then there is the newly released i7-2600k Sandy Bridge 3.4 Ghz with OC capabilities in the 4Gz and beyond bracket, and from I read it is quite the competitor. It is priced a little more than the 950. I would like to see the 950 and 2600k go head-to-head. It aleady went head-to-head with the 980x and came out looking pretty good.
Then there is the Ivy Bridge, Intel's 22nm chip. To be released to the consumer in 2012. A completely different chip acording to Intel. It seemes the smaller the chip the better OC abilities it has.