AMD may very well never beat Intel in all out performance again, it is difficult to out do a company that spends many times what your company does on R&D. First AMD needs to get competitive in areas that it can actually compete.
They do have a product that sells very well and fairs better than Intel which is why they haven't announced anything after Vishera for the desktop enthusiast. I believe their original plan was to go full APU after AM3+ sees its last CPU later this year.
If Bulldozer to Piledriver is similar to Phenom I to Phenom II I will be happy. I think, hope and pray that the AMD engineers and most importantly the front office realize that Bulldozer was hardly a homerun with CPU enthusiasts
There are 2 very big differences between the Phenom I > Phenom II and BD>PD releases: AMD actually had a bug to fix in Phenom I that affected its performance. Secondly, AMD also had the luxury of using a smaller node for Phenom II. These are 2 advantages (or disadvantages) that they won't have now.
It looks as though the performance is getting a nice bump if you believe the rumors. We'll likely know more from even more leaked benchmarks and data as the chips will be released in Q2 and OEMs have or will be getting their hands on them soon. I wouldn't expect Ivy Bridge level performance but I'd expect something that's respectable and graphical performance that kicks IVB in the teeth.