Is the Intel® Xeon® Dual Core W3505 (2.53GHz/4MB cache) a good processor?

I m looking for opinions and sugestions. I need a computer that is going to keep up with my work. I plan on buying a 64 bit OS with windows 7 on it and I want to know if the processor I described above is any good. My work consists of the following applications. Corel Draw, Illustrator, Xenetech Graphic Workstation, Flexiprint Sign Pro, Cyrious Software. Thanks for any input.

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