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Many people have upgraded to either Kaby Lake or Ryzen. There are rumors that Intel aims people who have not upgraded for more than 5+ years.

However the current generation will add two more extra cores with slightly better single-threaded performance for the same price. i7's and i5's will have 6 physical cores and i3's will have 4 physical cores. On multithreaded performance there is a huge capability increase resulting from the extra cores and threads compared to the latest generation.

Motherboards are yet to be released, and people are expecting higher prices in the beginning due to a potential increased demand. We'll see what happens.