yea i can see its overpriced but i think for this mobo u pay this 2 things Switchable Graphics with LucidLogix Virtu GPU Virtualization and Onboard Bigfoot Networks Killer™ E2100 Game Networking Platform..
There are very few situations where the E2100 will make any difference. Your connection and isp are far more limiting than the ethernet controller. If you really need the E2100 buy a $200 mobo and the E2100 network card for $75.
The G1.Sniper is a $350+ mobo that only has two PCIe 2.0 x16 slots and only supports x8/x8 mode and it's only got two USB 3.0 ports in the cluster. For that price you should expect four PCIe 2.0 x16 slots (at least) in x16/x16 or x8/x8/x8/x8 mode and at least four USB 3.0 in the cluster. A more reasonable board from gigabyte for $10 less than the sniper is the GA-Z68X-UD7-B3: http://www.newegg.com/Product/Product.aspx?Item=N82E168...
Indeed, I personally would not recommend the Sniper2 or any of the G1 boards for that matter. I was simply similar confirming that the motherboard supports 1155. There are more than a few motherboards that have similar features for a more reasonable price.