So some have suggested the Intel Xeons make for a decent alternative to the more expensive i7.

For instance the E3-1241 and E3-1271 are priced so that they slot between the lower end i5 and the slightly more powerful i7.

So I was looking at build options for the 2011v3 systems and noticed the Intel Xeon E5-1630 would make a good entry level entry into this otherwise very expensive platform.

http://ark.intel.com/products/82764/Intel-Xeon-Processor-E5-1630-v3-10M-Cache-3_70-GHz?q=E5-1630

Notice all 40 of the chips PCI-Express lanes are enabled. So I put together a potential parts list for a build.

My question to you all is what is your opinion on potentially using the E5-1630 in this manner?

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Xeon E5-1630 V3 3.7GHz Quad-Core OEM/Tray Processor ($352.95 @ SuperBiiz)
CPU Cooler: Noctua NH-D15 82.5 CFM CPU Cooler ($89.88 @ OutletPC)
Motherboard: Asus SABERTOOTH X99 ATX LGA2011-3 Motherboard ($309.99 @ Amazon)
Memory: Mushkin Blackline 16GB (4 x 4GB) DDR4-2133 Memory ($221.98 @ Newegg)
Storage: Samsung 850 EVO-Series 250GB 2.5" Solid State Drive ($109.99 @ SuperBiiz)
Storage: Western Digital WD SE 2TB 3.5" 7200RPM Internal Hard Drive ($117.95 @ SuperBiiz)
Video Card: Asus GeForce GTX 970 4GB STRIX Video Card ($323.99 @ SuperBiiz)
Case: Phanteks Enthoo Pro ATX Full Tower Case ($109.99 @ Newegg)
Power Supply: SeaSonic 760W 80+ Platinum Certified Fully-Modular ATX Power Supply ($140.99 @ SuperBiiz)
Optical Drive: Pioneer BDR-2209 Blu-Ray/DVD/CD Writer ($79.98 @ OutletPC)
Total: $1857.69
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2015-05-04 04:34 EDT-0400
 
Solution
It's a great CPU but in terms of raw processing power the i7 5820k (which's $10-20 more) will race ahead due to more cores. The 2 way SLI is flawless with even 16 PCIe lanes of LGA1150 so the 28 lanes in i7 is pretty much plenty for most builders. And you can get some OCing fun as well. Unless you need those 40 lanes (3 way SLI or more), i7 5820k will be my top choice.
It's a great CPU but in terms of raw processing power the i7 5820k (which's $10-20 more) will race ahead due to more cores. The 2 way SLI is flawless with even 16 PCIe lanes of LGA1150 so the 28 lanes in i7 is pretty much plenty for most builders. And you can get some OCing fun as well. Unless you need those 40 lanes (3 way SLI or more), i7 5820k will be my top choice.
 
Solution