A Core Duo 1.66 Ghz is faster than a Pentium 4 3.4 GHz HT enabled in benchmarks like SuperPi.
You'll need at least an ATi Mobility Radeon X1400 to run your games.
Look at the Dell Inspiron E1505. I own it and I really like it.
Ive been looking through C-net, and plenty of other sites trying to find a laptop for me. All i wanted to do really is play decent games such as Counterstrike: Source, Maybe download music and things for school. Looking at the processors, i was aiming for like 2.4 or igher, and it does not seem that there are any laptops with that kind of power. I was wondering if laptop processors ran on a different scale then desktop processors (IE 1.7 on a laptop runs like a 2.5 on a Desktop)?