With a new MBP ( Sandy Bridge )
- better specs
- new
- another 1 year warranty.
- cost maybe $300-$400 to upgrade?
Applecare
- 2 years warranty
- 2010 MBP instead of 2011.
- costs around $300
What's best?
They're not mutually exclusive
One is an extended warranty, the other is a computer. The extended warranty is for that computer. You cannot have applecare without an apple product.
For laptops, I always recommend the extra 2 years, as any work will certainly exceed the cost of applecare