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Actually the Samsung Intercept which uses the Samsung s3c6410 SoC DOES indeed have a GPU, the mali-200 (IIRC) which is an ARM design, but it's nowhere near as nice as the Adreno GPU on the Qualcomm SoC in the OV.If the keyboard is not important then this is not even a question
In terms of overall speeds
The Optimus V hands down.
On paper the Intercept has an 800MHz CPU (central processing Unit)
the Optimus V has a 600MHz main processor.
What makes the Optimus so much better is the addition of a dedicated GPU (graphics processing unit) and a dedicated data processor. Those two processors makes biggest difference in the world.
Optimus has slight more pixels. Optimus has a 320 x 480 screen compared to 240 x 400 for the Intercept, or a 60% increase in pixel count
And terms of the networkm the Optimus is also on a newer 3g network. Optimus has an EV-DO Rev. A radio versus an EV-DO Rev. 0 radio in the Intercept, its not much of a difference but it is slightly faster