IMHO, the future of AMD rests on thier ability to improve fusion. They will never be able to catch up with intel unless intel screws up badly. They have lead in fusion and they have to aggressively try to build on that.
It shouldn't be hard, Intel keeps cramming garbage like Centrino and GMA Graphics into everything. Of course, they are not quite as god-awful these days as say, Indeo, Celeron or HT was - but they are but easy steps to god-awful.