Hi there I currently own an i7 2600k running with a turbo mode set to 4.5Ghz. I use software called convertxtodvd and it recognises 8 cores. (4 cores each with 2 threads)
an average length film (120mins) is encoded in around 3-4mins running at an average of 550fps.
I put a new system together for my friend, a 2500k also set to 4.5ghz in turbo mode and also installed this software. it only recognises 4 cores on this cpu
however the average fps i was gettin was around 400fps. i was quiet shocked as i thought the 8 threads would have been twice as fast as 4 threads.
I have found a bigger difference in loading, installing and multitasking though. i can do countless amount of things on my pc e.g. downloading, gaming, encoding, all at the same time.everything happens just so easy and smooth. but when i was installing the programs and apps on my friends system it was nowhere near as fast or seamless! just took that bit longer. maybe ive just been spoilt having that little extra power. but unless your on a tight budget id go for the better 2600k or even the newer 2700k . i would say its more future proof if more and more apps will be multithreaded compatable