Gearlog reports that over the weekend Intel adjusted prices for Core 2 Duo processors. This is indicative that newer/faster procs are right around the corner, however, the fact you can get a 3.16GHz for 31% less now ($183) is a sweet deal, and it will stay current for several years.
If you were looking to dive in and build a new box with some Intel Core 2 power, now is the time to buy.
From my personal experience: I’m impressed with my 1.8GHz Core 2. It’s fast. The 3.16GHz is no slouch. You’ll like it – guaranteed.

I think I’ll wait for a drop on the Quad 9300’s