Your P4 3.73 is going to perform roughly the same as one of the cores in a Woodcrest 2.33.
So at the very least it will run applications that can only use 1 core at the same speeds as my current system.
You really need to research which of your applications can take advantage of 4 cores, otherwise you might be wasting your money on Woodcrest.
Applications that i commonly use are:
Load Heavy Apps:
3D MAX 8
Lightwave 8.5
Maya 6
After Effects 6.5
Premiere Pro 1.5
Media Creator 8
Encore DVD 1.5
Photoshop CS
ImageReady CS
Paint Shop Pro X
Nero 7
Everyday Apps:
Internet browsers
Emule
Bittorrent
various video encoders
Microsoft office
various art programs
Windows media player
etc..
Games:
I play a lot of games, i'm a gamer, so this system will need to perform at least as well as my current system in games. I'm not a huge FPS gamer, but 90% of the games i play still make heavy use of 3D.
Games like:
Civilization 4
Galactic Civilizations 2
Homeworld 2
Nexus
SW battlefront2
SW empire at war
Earth 2160
etc...
I'm pretty sure i can benefit from a Dual Dual-Core Processor System, don't you think? I'm a 3D Digital Artist and graphic designer, i'm always rendering and encoding things, daily. It's my job, it's what i do. Not to mention this is going to be a heavy gaming PC too, there has to be a balance. Or more to the point, it has to kill at both. Basically it's needs to be a KILLER DCC machine, KILLER video/audio editing machine, KILLER gaming rig, my home PC, my home stereo, DVD authoring machine, etc.. etc... That's why i think i could benifit the most from Dual Dual-Core CPUs. Correct me if i'm wrong tho.
I made the following Spec sheet last nite of what i was thinking of, it's changed a bit since the first post. Items without a price are parts of my current system i intend to re-use. Again, please offer any advice or help (ANYONE):
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CPU1 Xeon Woodcrest 5140 2.33GHz 1333MHzFSB LGA771 $462.50
CPU2 Xeon Woodcrest 5140 2.33GHz 1333MHzFSB LGA771 $462.50
Mobo ASUS DSBF-D 2x DualCore Xeon LGA771 5000p $633.00
RAM Kingston 1GB DDR2 533MHz FB-DIMM $152.98
RAM Kingston 1GB DDR2 533MHz FB-DIMM $152.98
RAM Kingston 1GB DDR2 533MHz FB-DIMM $152.98
RAM Kingston 1GB DDR2 533MHz FB-DIMM $152.98
PSU Thermaltake ToughPower ATX/EPS 12V 650W $141.23
Sound Creative Labs SoundBlaster X-Fi 24-Bit PCI $109.99
HDD WD Raptor SATA 150GB (system) $225.45
HDD Maxtor 250GB SATA
HDD Maxtor 250GB IDE
HDD Maxtor 250GB IDE
HDD Maxtor 250GB IDE
Video ATi FireGL V7100 256MB GDDR3 PCIe
Optical SONY 16x ± R/RW
Optical HP 16x ± R/RW with LightScribe
Monitor Samsung 914v 19" LCD
Monitor Samsung 914v 19" LCD
KB/MOUSE Logitech MX700 Wireless Keyboard/Optical Mouse
Speaker Creative Labs 7.1 Surround Speakers
Printer Epson Stylus CX5400 printer/scanner
Tablet WACOM Graphire4 6x8 Pen Tablet
Total $2,646.59
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Details on the motherboard are
here.