it all comes down on What you want sure i could say get this or that but you got to look at the Facts sure the core i7 is easy to Overclock and it smokes all the quadcores in the world right not but I would go with the Phenom II as ive used AMD and never had a problem with it but thats me sure you can get a UBER fast duel core but how long will that last??? 2 years? 1 year? 6 months?? you never know so i would recommend a quad but now it comes to Core i7 or Phenom II?? o0o0o0o the choices : so lets look at this starting with the core i7 920 its stock 2.66GHz and ive seen people Overclock it to 4.2 and up on air alone within 10 min and all said and done thats SMOKEN fast but for gaming you MIGHT see a small increase in preformence maybe, maybe not depending on the rest of your rig but the starting point for the 920 is 300$ but that doesn't include the new tripple channel ram your gunna need or the motherboard and all in all a new core i7 system you looken at a min of 600ish and up so thats my rant for the i7 and now for the Phenom II. ok the Phenom II is made by AMD like any CPU it can be OC'ed maybe not as much as an intel chip and right now for the top of the line Phenom II its only like 300$ and if you use ATI GPU's you make a spider system i think its call were all the parts are made by AMD and is spose to run better together so maybe going Phenom II with a 4870X2 could out preform a core i7 with a 4870X2 you never know but what it rlly comes down to is what you like. Nvida? ATI? this is what I would recommend, if you are gunna but a Nvida vid card go with Intel as a chipset and if you go ATI for a vid card make a AMD system but what it comes down is what you want but always remember this

---> Nvida = POWER. ATI/AMD = Cheaper but still AMAZING
wow BIG rant LOL
EDIT: lol forgot to talk about modular power supplies

ok so this is the quick run down. neet case = better air flow. better air flow = cooler computer. cooler computer = better preformence. so to rap it up its EASY to do cable management depending on the case you buy even with a normal Power supply but a Modular one could also be worth it cause if you dont need Said cord you can take it off so less wires = easy cable management. so if you like me and LOVES a neet clean case get a Modular but if you dont care just buy a non-modular PSU and hid all the unused cables and problem solved and some advice to all who read this take some time one day look in your case if you see wires all around take the time to organize it you never know it might look rlly nice ill post a pic of mine as and example
ok the 2 pic are of my computer with a NON-modular PSU and its good but it would look WAY better if i had a Modular one
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this one is the other side VARY little room for cables but i manage
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what it comes down to is do you have the cash i would recommend a modular PSU but if you don't got the cash for it then get a reg one it doesn't matter
for an example of MESSY cable management look at the links
http://i104.photobucket.com/albums/m178/Tyrannusstaghelm/001-2.jpg
http://i151.photobucket.com/albums/s145/Coreyhm1/DSCF2659.jpg
with some time and a modular PSU it would be Clean and something that you would be like look at that awesome-ness and to top it off it keeps the computer's airflows really good and in some cases it could drop the temp by 5-10 Celsius just but hiding wires