The 14th Gen Intels definitely aren't worth buzz. They're more like a "tock" in the classic Intel "tick-tock" cycle despite being the first 7nm chips Intel produces. It's weird. The 14700K just bumps the clock frequency +200MHz and the cache +10%. It also has four more efficiency cores than the 13700K which is why it does so much better in this multi-threaded benchmark, but that's a bit misleading, because without those cores, there would a very modest difference between the two. It's going to bring a pitiful improvement in gaming performance: probably 2%-4%. And it's jacking the power draw again to achieve this.
The only meaingful praise I think one can muster for this release is that Intel is at least rapidly turning out new "gens" however modest the improvements. The Intel 10th gen came out in August 2019. This 14th gen is expected to launch in October. That's a whopping 5 generations released in a impressively compact 49-month window. Conversely, Zen 2 came out in July 2019, and Zen 5 is nowhere on the immediate horizon. However, AMD's strategy has been that rather than focus on new lineups with refined manufacturing processes, they just release the 3D-cache variants of CPUs from the same gen, and that has appeared to offer a superior bump for actual gaming performance (for games that accommodate it).
Intel
10th Gen (14nm) --> 11th Gen (14nm) --> 12th Gen (10nm) --> 13th Gen (10nm) --> 14th Gen (7nm)
AMD
Zen 2 (7nm) --> Zen 3 (7nm)--> Zen 4 (5nm)
