I'm curious why are the new LGA 2011-3 Intel CPUs clock lower then the 1150 CPUs? Are they more efficient or is it a new architect? Thanks.
same architecture, but more cores, so for the most part should expect same clock per clock performance.
Regarding base clocks: I would look at the clocks being lower on the 2011-3 offerings as more an indication of what clocks were necessary to fit within 140W TDP envelope rather than what those chips are capable of. i.e. if you get these chips you should be overclocking them and likely will be able to approach same/similar clocks as 1150 cpus with appropriate cooling. The benefit is obviously that you can have 2-4 additional cores and 4-8 additional threads with 2011-3 at similar clocks.
Regarding your comment about games- most newer games are utilizing more cores now, so those will see benefits from the additional cores. For games only utilizing ~2 cores you shouldn't be at a disadvantage assuming you overclock.
If you play games, want some level of future proofing and don't plan to overclock, then get an i7-4790k