yes, its true i love amd too. i follow the news everyday about both. i belive that amd is becoming more and more like intel and both compaines have there dry streeks, right now its amd's turn to be dry, they are having a ruff time with things, but obtaining ati right now will make the future much better.
i suggest the intel chip unless you have an am2 socket motherboard already. am2 never really took off yet. and not to mention amd is going to make more sockets soon. i hear am2+ am3 and then the new phenom processor will have its new socket (3 sockets for that one).
good things are going to come for amd in the laptop world! i promis that - but reality may change that outcome well see. have you seen the xbox360 chip - it has two dies on it, thats what the new amd/ati chip will be. it will have a dual or quad core with annother small core seperate from those cores, this controls the grfx.
the tradeoff will be better faster grfx with better power consumption, and likly better cooling. this will likly go into some desktops but i doubt it at first.
amd's prices are dropping all the time they just did a price drop recently - so thats one great thing, they still have budget processors. amd's quad core technology has been in development for a larger timeframe than intels, but they are really going to have to do something else to compeat againt the intels current architechure which is great right now (intel as a compainy still is in my opinion a crack house - but then again none of amd's current decessions are that smart either).
good luck with choosing the right stuff, it can be hard when no one knows the future of either compainy... i know amd's current socket wont have a huge lifespan so i would choose against it, but im not sure about intels socket future tho.
edit: just as i posted this... i found this

AMD Reveals 4-Way CrossFire & New Roadmaps
http://enthusiast.hardocp.com/article.html?art=MTM2OCwxLCxoZW50aHVzaWFzdA==and this...
AMD's Direction and Next-Gen Bulldozer Revealed
http://enthusiast.hardocp.com/article.html?art=MTM2NywxLCxoZW50aHVzaWFzdA==i didnt read them yet.