Doug, your reply to Kap misses a very important point -
The Celeron GHz scam hasn't damaged Intel's credibility that badly, now has it?
The GHz rating is correct and truthful. It just doesn't measure performance. Intel does market Celeron as lower performance, lower price (and it isn't their fault that some customers are clueless).
If you make a rating which claims to measure performance then you have a harder job proving it - which is exactly why AMD structured the whole thing around a published set of benchmarks.