Which iMac would you buy if you have 2 choices?

I have a 2 choices to choose from between ME088LL/A (i5, 2013) and MD580LL/A (i7, 2012).
Both are like new condition and price difference is $350 (MD580LL/A > ME088LL/A).
I roughly compared both but not sure the significant differences between them specially for $350.

Go for the i7 model. i7 CPUs have both quad cores and something called "hyper-threading" that the i5 CPU models do not have. Video editing needs all the computer resources it can get.
There is a significant processor boost from having this hyper-threading processing.
You need a fast CPU, GPU and a lot of RAM and boat loads of hard drive space when doing video editing.
Plan at at some point to purchase two high capacity external hard drives. One to move data back and forth when using for video editing and another for just data backup.

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