Except for the fact that the same socket could accommodate a far less expensive i7--say a quadcore.
Nope. Just more arm flapping.
edit: looks like the LGA2011V3's slowest processor is a 6 core ?? anyways it's $400 instead of $1100. The 6 core i7-5820K has a passmark of 12,000, top end i7 LGA211V3 is passmark of 20,000, this is a decent range.
Which is kneecapped by Intel to just 28 lanes. Same socket, but have snubbed off some of the pins.
http://ark.intel.com/products/94189/Intel-Core-i7-6800K-Processor-15M-Cache-up-to-3_60-GHz
http://ark.intel.com/products/82932/Intel-Core-i7-5820K-Processor-15M-Cache-up-to-3_60-GHz
Intel makes folks do a tradeoff. The E5 1630 ( there is a cheaper 20) in roughly same price point. Isn't kneecapped on bandwidth but does stop a 4 cores ( and somewhat kneecapped clock. )
http://ark.intel.com/products/92987/Intel-Xeon-Processor-E5-1630-v4-10M-Cache-3_70-GHz
If single core drag racing on data in RAM ..... core i7 has incremental gap. If doing work where moving data in and out to persistent storage ... not so much. Lower max core count also. Lower max memory and RAM flexibility (Apple has 4 DIMMs so what can put into just 4 DIMMs makes a substantive difference).
I'm through because all this stuff has been cover many dozens of times over last 2-3 years... and yet folks want to keep pushing the FUD to the top. It is junk. This thread started off weak and now the manure level is rising. There is no huge cost saving. Just attempts at deceiving the masses.