And does it really matter that the GPU performance is 50% better, it still wont compete with ATIs.
The scary thing is, they actually might. AMD may be king of dedicated graphics cards (or contending for it), but Intel is way ahead in power efficiency. IGPs are the great equaliser because AMD has to balance the IGP's TDP budget with the CPU's, and as we've seen from the Llano reviews, they had to leave quite a lot of CPU performance on the table so as to get GPU performance ahead of Intel's.
I'm not sure they'll be able to maintain that performance margin; as I've detailed in
an earlier wall-of-text, in the past 2 architectural generations we've seen ATi/AMD go from resting on their laurels (790G vs X4500) to pulling out all stops on Llano (HD6550D vs HD3000). They have no more stops to pull now; the HD6000 series is their biggest, newest, latest gun. HD7000 isn't going to bring a huge increase in graphics performance, not within the same power envelope anyway. AMD's greatest hurdle in IGP now is power efficiency (of their CPU cores).
The thing about the IGP ladder is that an integrated graphics chip just has to be able to run a game on low-end settings at >30fps; it isn't a competition to see who can get the highest FPS. The HD3000 isn't quite there, but that 60% boost in performance brings it yet another step closer.
As a non-gamer myself I care for much more than simply raw performance though.
VA-API's better-than-VDPAU performance, availability of triple-display capability on Ivy Bridge IGP, as well as
superior ASIC video decoder already seal the deal for me. AMD still has
quite a way to go to get Llano together. Again, raw performance isn't everything.