Cpu Cache or Clock

My old server is using the results as the given below and i will transfer it to my new server but i have 2 option infront of me

Firstly my old servers properties :
Q9550 CPU and 12 Gb ram

New server 1 :

2 * Dual-Core Intel Xeon 2.8 GHz Processor with 4 MB L2 cache.
and 16 GB ram

New server 2 :

2 * E5420 Cpu and 24 Gb ram

but i do not want to let the second server use for this system.
The most busy time scores as given below.. Do you think first server should work with this system.
top - 18:23:28 up 7 days, 23:56,  2 users,  load average: 23.46, 22.26, 19.54
Tasks: 246 total,  17 running, 228 sleeping,   0 stopped,   1 zombie
Cpu0  : 87.0%us, 13.0%sy,  0.0%ni,  0.0%id,  0.0%wa,  0.0%hi,  0.0%si,  0.0%st
Cpu1  : 84.4%us, 12.3%sy,  0.0%ni,  0.0%id,  0.0%wa,  0.3%hi,  3.0%si,  0.0%st
Cpu2  : 86.0%us, 13.6%sy,  0.0%ni,  0.0%id,  0.0%wa,  0.3%hi,  0.0%si,  0.0%st
Cpu3  : 92.0%us,  8.0%sy,  0.0%ni,  0.0%id,  0.0%wa,  0.0%hi,  0.0%si,  0.0%st
Mem:   8092384k total,  6897092k used,  1195292k free,   387496k buffers
Swap: 19631420k total,   751496k used, 18879924k free,  1458112k cached

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rickybsbConnect With a Mentor Commented:
Cheers 3XLcom:
At normal times, the server 1 will easily handle your current load.
You must concern only about the peak times.
I'm always here if you need
You will cut your processor cache memory by 1/3 using server1
Note that you may face big difference if you migrate to server 1, because you will reduce from 12mb of cache to 4m.
It's like comparing a regular intel processor with a celeron which is nothing but a regular intel but with reduced cache version.
Keep in mind that processor cache is the fastest memory ever, and the more expensive memory ever as well.
3XLcomAuthor Commented:
actually i will have 2 dual core so you think is it work it handles 100.000 +  apache calls for vbulletin and joomla in a day 50.000 of it happens at 6pm to 11pm so in 5 hours . :( i am not sure if i could get it handled with server 1
3XLcomAuthor Commented:
Thank you you made me feel good :D
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