I ordered a i7-5280k, X99, and 32GB ram earlier today.
Like many of you I kept going back and forth as to the best upgrade path for me. Since I am coming from a 2600K, my upgrade is definitely more about want than need. My biggest problem wasn't overal performance, but limitations of my P67 in regards to some of the things I wanted to do, such as using trim in Raid 0 and more stable USB3 ports.
I ultimately went with the 5280K for a few reasons, some of them subjective.
First, in spite of the current state of software (mostly games) preferring fewer, more powerful cores, I believe we are in a transition and those extra two cores (four logical cores) will become increasingly beneficial over time. For those that use their PCs purely for gaming, then the 6700K is the more logical choice, especially in the short term. That said, at this level performance is more heavily skewed toward GPU choice, and the small advantage that the 6700K has in single core operations won't be apparent in real world usage.
Second, if you use your machine for anything outside of gaming, those extra cores become lucrative. Another minor benefit are the additional PCIe lanes. This means less to those that don't use multiple graphics cards, yet it still provides flexibility should I want to add a SAS controller without robbing lanes from the GPU.
Third, the memory bandwidth that quad channel provides might not be apparent in most cases, but I like that it is there. It is one less bottleneck that might crop up over the years. Again, these are minor benefits but at this level these are the types of features that some people head toward.
Here was my bottom line:
Worst case, the 5820K will lag behind the 6700K a bit in single core performance in some games, though I doubt it will be noticeable outside of benchmarks. For everything else, the 5820K/X99 will prove to be the superior platform until Skylake-E shows up. All in all, X99 for gaming is in a virtual tie with Z170, beats it in multithreading hands down, and has more features on top. Price points are also far more competitive than they were earlier in the year.
This is what I ordered today:
i7-5820K $389.00
ASRock X99M Extreme4 $204.99
G.Skill Ripjaws V Series 32GB (4 X 8GB) $214.00
To close, please remember that I did not mention overclocking nor am I saying that every day gamers should go this route. We are splitting hairs on the upper echelon of CPUs. If money is a concern, the logical route is the 6600K.
That's my two cents, based purely on a subjective analysis of what I want to do with my machine and what I think I need. Benchmarks can make for good objective comparisons, but if you get bogged down in the numbers all you'll end up doing is getting annoyed.