If you haven't seen one, a more familiar comparison might be that the U3415W is essentially the same as a 27" IPS panel, only wider. It has 1440 pixels of height at roughly the same physical height as the 27" IPS panels.
Many people argue that curved screens are unnecessary or a gimmick, which I would agree is true for TV screens with multiple off-center viewers. From my own comparison of several 32"+ monitors, I do think the curve is very useful in reducing neck/eye fatigue.
The new 38" does sound appealing, but at 2-3x the cost of the U3415W on sale I would probably still recommend the 34" to most people.