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Will the newer of these processors be faster?

Will the newer of these processors be faster?

Here is a comparison of the processor in our current laptop, and a new laptop I'm considering buying:

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Guest [Entry]

Go for the 1.3Ghz chip. It has more L2 cache, faster FSB, and numerous important features not supported by the other chip which outweigh the 300mhz clock difference (ie. Intel VT for running virtual machines - still good to have around even if you're playing flash games). The difference won't be drastic, but still noticeable.