AMD tells me that the FX-8350 is targeted at those looking to buy the Intel i5-3570K. FX-8350 performance should be equal to or better than Intel's i5-3570K, but that will, in some cases, require a software update. Many of these new software options are out now, but I'll let the numbers do the talking instead of putting my own two cents in:
HandBrake Encoding & WinRAR
SuperPi & wPrime