Soldato
So the 8700k is 8% faster than the 1600 in single core at the same speed and 1.2% higher in multi core at the same speed.
That's a lot closer than some would have you believe and quite remarkable for a chip that cost's half as much.
Well, factor in the actual stock speeds and things look a little different but yes, decent performance when using ALL threads including SMT. Shame that many games don't use more than 8 threads.