Question about the Y2P Dual Core processor

Ok, so I was an an idiot and always thought that i7 meant quad core and was better than i5. However I just realized that there are some laptops with i5 that are quad core. On the other hand, this i7 Y2P laptop (which I won't get to play with till the 21st, since I am out of the country) has a dual core.
I now have a lenovo z570 quad-core i7 (note to Lenovo: still upset Lenovo about our power management software that never got fixed after 2 years). How much of a speed decrease am I expected to see???
I am going from quad core to dual core, 16 gb ram to 8 gb, 1 TB HDD (256 SSD + 750 HDD) to only 256 SSD.... Feels like I am compromising a lot for a touch screen. 
Should I return the laptop?
Legit this whole i7 and i5 is crap marketing to get more $ imo. At the end of the day, I prefer quad-core i5 over dual core i7. What is the difference?
Looking at it, I see only a 0.4 GHz between the i5 and i7 model, both being dual core with hyperthreading. In the end, i7 is like $300 more. Why?
Feel like I overspent on this laptop cuz of a marketing gimmick. 

Reading a bit more about it, I don't think there's any architecture difference, and the suggestion that these are actually the same part just programmed / binned / labeled differently sounds reasonable as Intel will not want to run two different manufacturing processes if they can get away with one.
The i7 is clocked a bit faster and has an extra MB of cache memory (those with manufacturing defects in cache might become i5s with that MB of cache disabled).
The i7 is definitely faster, but otherwise does not offer any other feature advantages that I can see, and the full-speed difference seems to be on the order of 15%, which is unlikely to make a difference in what you can use the machine for.
In gaming you might go from 30fps to 32fps say. It's probably not enough to run at a higher resolution or a higher quality setting.
Also, both processors try to run with lower clock speeds for both processor and graphics as much of the time as they can get away with, so I think most every-day activity will see nearly identical performance between the two.
Getting the 256GB SSD and 8GB of RAM is definitely worth it, so if it's then only another $100 for the i7 then maybe, but I'm really happy now that I went for the i5 since it doesn't seem like I'm missing out on anything. My i5 Y2P turns out to be a very good gaming ssytem and I have not had any performance issues with it.
Z.

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