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yes it does and it has more cache as well. Reaches higher clocks when overclokcing, and supports SSE4 which will help in encoding apps that support SSE4.
Shizdan - as stated it will run cooler & have more OC headroom (guessing 100-300MHz, maybe a little less voltage). I don't think you'd see a huge jump tho
think of it w/cars --- you had an old beater rust-mobile, & replaced it with a new model, big jump & worthwhile. Wait 2-3 years, the new model is the same but w/a new paint color, 10% more power, and maybe it has Bluetooth a little bit better yes, but not the same jump as before