Intel's Gulftown isn't dead yet, five days from now you can expect the launch of the Core i7-980. VR Zone reports this chip is expected to be priced at $583, it's clocked at 3.33GHz, which is 133MHz more than the Core i7-970.
Intel Core i7-980 will officially be on sale from June 26th onwards replacing the current Core i7-970 processor launched nearly a year back. Nothing has changed (still a 6-core Gulftown with 12MB cache on LGA1366 package) except a speed bump from 3.2GHz to 3.33GHz (25X multiplier). While every enthusiast is eagerly waiting for Sandy Bridge E with X79 chipset to arrive in a few months time, it is unclear if demand for such a processor for the old X58 chipset still exists.