The same (or close) price gets an unlocked 3570k that's faster than the xeon... I don't get it.
If you aren't overclocking it is a good bargain. You get a quad core with hyperthreading for less then an i7-3770 would cost you. But if you are planning to do so it won't go any faster then it is rated for. Though running it at its rated turbo speed all the time is still pretty darn fast.
If you have a specific need for HT i can see it but for gaming I'll take horsepower over cores.
Thanks for the replies! I'm not planing to OC, so is the i5 3570k still a good idea?
I'm thinking so. Even tho you don't plan to OC, your system will be perfect for it with addition of a $30 cpu cooler. Exactly one change in the bios will get you to 4.2ghz (maybe higher) with no ill effects if over time it starts feel a little slow. That's about 20% more performance for 15% of the price of the cpu. Just food for thought.
Edit: tip on that mobo - will need to turn down the cpu target fan speed in the bios since the default is full speed and it will be loud.
So I would need a cpu cooler if I go for this build?