As to x86, most AMD fans would be really delighted if it matched SB/IB in IPC and general x86 performance so I would take that happily.
On the iGPU debates, don't think Intel releasing HD4K would have actually know what Trinity had to offer, the focus was closing up to top Llano parts which they still linger behind, in some aspects HD4K is relatively close to Trinity, but in most important aspects HD4k is around 3-4x slower, not that this is disappointing but one must bear in mind that AMD are accused of lowballing with what is regarded as extremely low end and inefficient VLIW parts, with no reason to be there.
Trinity vs Llano brought general 35% improvements to the iGPU on a aging VLIW architecture which is neither efficient in power or performance. Richland is still believed to go ahead with all the slated changes just minus Steamroller cores, so that will see AMD attempting to more than double the bandwidth and improve performance in the same TPD window. The changer here is GCN, as revolutionary as SB was to x86, take my long favorite HD6970 compared to its replacement HD7970 and the performance differential is almost 3x and uses a lot less power. If Richland is correct it will use a HD8660D on the highest end part, with the HD8750 said to be 15% faster than the HD7770 and use 45% less power, a HD8660D will be a watered down version of that. I did say Richland would at least bring 25% gains on iGPU performance over Trinity, but that could very well be significantly higher, knowing AMD's experience in GPU technology this is very possible and will likely see it dominate for some time yet. I initially heard somewhere around 700-900 radeon stream processors on the highest end D part, though its been said to cap out around 720 stream processors, which is double 7660D at half the power, factor in unifying the IMC between and other tweeks to bandwidth, it is very possible that this could bridge to mainstream quite efficiently. Right now other changes to the iGPU/Memory interface is unknown but I doubt it would be any less pertinent to AMD to improve this considering it is the bread and butter.