Don't listen to anyone!
In terms of overall gaming performance, the Intel Core i5-4690K 3.5GHz is massively better than the Intel Core i7-2600S 4-Core 2.8GHz when it comes to running the latest games. This also means it will be less likely to bottleneck more powerful GPUs, allowing them to achieve more of their gaming performance potential.
The Core i5-4690K 3.5GHz was released over three years more recently than the Core i7-2600S 4-Core, and so the Core i5-4690K 3.5GHz is likely to have far better levels of support, and will be much more optimized and ultimately superior to the Core i7-2600S 4-Core when running the latest games.
Thus, the Intel Core i5 is known as "The Devil's Canyon" in gaming world.
Intel Core i5 4690k will handle Assassin's Creed Unity at Ultra without lags but Intel Core i7 2600S will handle it at medium settings at 1280x1024 resolution only.