All I know at the moment for sure is that the Core i5 CPU will run on socket 1156, will have a TDP of 95W, features 4 cores and will run on a integrated dual channel memory controller.
So some of the downfalls are:
Anyone who has a i7 CPU will not purchase this due to extensive hardware changes.
It will have 4 cores minus hyperthreading. -edit- As far as I know thee will be HT just not on the cheapest models.
The memory bandwidth will be lower of course but latency shouldn't be affected.
Slower on anything where you can use multipe cores. IE: Rendering, transcoding, benching, etc.
Pros:
Should be pretty much the same for anyone gaming as most games are still utilizing 2 cores.
It will be cheaper for the hardware (Hopefully)
Runs cooler
Less TDP at 95W
Runs cooler (But anyone who has owned a i7 knows how much heat HT produces.
Anyhow I was thinking of building a i7 system for games but the i5 may be my route now.
My suggestion is currently to anyone who is reading reviews is not to believe the overclocking and benches. This happens every time a new product comes out and the reviewers get the cherry chips that do 5 ghz on air, no problem in 5 minutes of trying.
Hopefully once out we can see some average joe results and go form there.
"According to reports, the upcoming 2.66, 2.8 and 2.93 GHz chips will have support for the Turbo Boost technology which will enable single-core overclocks of up to 3.2, 3.46 and 3.6 GHz respectively. In terms of prices, the CPUs would go for $196, $284 and $562, with the cheapest part, the 2.66 MHz model, set to not include features like Hyper Threading, vPro and TXT, which will be found on the 2.8 and 2.93 GHz Lynnfields. Shortly after releasing these three processors, Intel is expected to deliver its first 32nm CPUs."
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kidding.