It looks like you're new here. If you want to get involved, click one of these buttons!
Basically, it's a factory overclocked FX-8350. AMD didn't talk about the price tag or TDP, rumors put the latter in excess of 200 W.
On the one hand, AMD is basically saying, hey, our chips can still clock at 5 GHz and Intel's cant. On the other, a Haswell core at 3.8 GHz is usually faster than a Piledriver core at 5 GHz. So it's really just a marketing stunt on AMD's part.