So much misinformation on this site as always. The GPU is hardly 'crappy'. What an insane amount of stupid went into that statement. In fact, the GPU is quite capable. Performs well in DX11 and is 3x faster than Sandy Bridge in 3dMax. For the rest of the world that doesn't do hard core gaming (this world does exist and in abundance), it is a completely capable GPU that will handle all of their needs.
Secondly, they will make a processor without the GPU in the 4th quarter like they always do. You can wait for that one if that is what you want, but by then, you will thirst for Haswell and skip it (while subsequently calling its graphics crappy when it comes out).
Thirdly, IvyBridge is not delayed due to production issues with the "22 nM". Do you have ANY reliable source for that? Intel said it is in fact shipping the IvyBridge in April, but will not ship volume 2 core CPUs until this summer. Apparently, you can still get the 4+1 and 4+2 models in April. It is the cheaper models that won't be available. The likely culprit is the overstock of SandyBridge CPUs. They would be killing their OEMs by not letting them sell off their cheaper stocked CPUs. The OEMs would have to take a nasty loss just to clear inventory. That is not good for the bottom line of Intel's best customers. It is not AMD's fault for not competing or Intel's fault for fab issues. It is the economy that is hurting.
Lastly, QuickSync exists in the GPU. It is separate logic, but without the GPU, you do not have QuickSync.
< /thread>