No, I don't think it would have been better for them not to develop Bulldozer,
reasons why,
Taking into account,
leaky 32nm process,
not enough cach,
does very well in multithreaded software already,
scales way better than Sandy bridge,
little software compiled for it yet.
Think of the future,
improved IPC,
increased speed with better optimization 32nm and 22nm process,
software support,
more cores,
better thermal values,
linked with GCN FPU performance, on a 14nm process you can probably expect a fully functional 4 module (8 core) chip with quad channel DDR4, GCN FPU unit all running at 4GHZ with a graphics equivalent of a 6970 performance.
Or how about a 24 core chip with a serious FPU the size of 4 modules, CPU running at 5 GHZ with a near 35% IPC improvement on every core. With serious software optimizations now commonplace. And a lower power envelope.
thats all I'm asking for, nothing more.
All at the price of a $300 APU.