HD 4000 graphics is certainly a nice step up from HD 3000 graphics, BUTTT still can't beat the AMD HD 6550 graphics.
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Too bad the HD4000 is only in the high end chips. I was hoping to see mid-range laptops with it. Maybe in future revisions.
Keep in mind none of the laptop CPU's have been announced. Not to mention, if I remember right, there was an announcement that all laptop CPU's would come with the HD4000 IGP.
But on the dekstop you are absolutely right. I bought an i5-2500K for my HTPC back in the day because it was the lowest end CPU with the HD3000 graphics. Now you can go buy an i3-2125 for $100, get the HD3000 IGP, and call it good.
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New Rule: 2GB per core, minimum.
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ie my gf's 11" macbook air has an i5 2467m. it sounds impressive until you realize that it is a 1.6ghz dual core sandy bridge. so its actually a slower part compared to the i3 2100 in my gaming rig... hell its slower than my old core2duo e8200. the mobile naming conventions are ridiculous...