Intel Whacking Prices, AMD

Intel  announced price cuts, as much as 40%, on  both its desktop and server processors.  Rival chipmaker AMD announced a 611 million dollar loss for the first quarter already. Someone please take AMD's belt and shoelaces away for the rest of the week.
For the desktop market, the Core 2 Quad Q6600 has fallen in price to US$530 while CPUs in the Core 2 Duo E6X00-series have been cut by up to 40%. Intel also introduced two new processors, the E6420 and E6320, which share equivalent features to the similarly numbered E6400 and E6300 CPUs but have an increased L2 cache of 4MB.
Entire list after the jump. What  do you think? Do you like the idea of AMD challenging Intel enough to buy a higher priced chip from them? You're only human.
Tags:  AMD, Intel, Hacking, CES, Hack, Price, Ice, prices, KIN, AC, King, AM, K