Like martini said, lets leave it now.
Maybe its worth saying the 8350 is better value but the 4670k/4770k is better overall performance. is that a fair enough statement?
I'm not saying much more than that - the 4770K gives good results consistently in SLI/Crossfire, the 8320/50 OC can match it in most recent games, and in those it can't, framerates are usually high enough that nobody playing the game would be able to tell. There are occasions where the 8350 OC can beat a stock 4770K, but it's not common.
If someone wants a lower cost system with the option of SLI/Crossfire later, the 8320/8350 is a good choice. If they want the best performing system in every game possible regardless of the price difference, sure, the 4770K.
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The general feeling on this forum is that AMD is useless at everything compared to Intel.