Kaby Lake X i7-7740X overclockable to 5 Ghz on air
During our review of the new Kaby Lake X CPU, the i7-7740X (US$349), we found that it was barely the fastest CPU we had tested in single threaded workloads when running at stock speeds. However, it lagged behind 6C/12T and 8C/16T offerings from Ryzen (such as the R5 1600 at US$210) and Skylake-X during multi core benchmarks, due to only being a 4C/8T like the i7-7700K (US$308)
We also noted that the stock performance difference from the i7-7700K was somewhere between non-existent and tiny. The i7-7740X is essentially an i7-7700K with a 100 MHz higher base close, a 17 Watt higher TDP, and a US$40 higher price tag. You also must factor in a more expensive X299 motherboard at approximately US$100-120 more than a standard Z270 board.
Overclocking is where the difference between these CPUs starts to show. Anandtech has tested their i7-7740X overclocking performance using air cooling and managed to get it to be stable with all four cores running at 5.0 GHz. This is in comparison to multiple i7-7700K samples which they had running between 4.6-4.8 GHz stable. While this is a small sample set, it may show that the Kaby Lake X chips are at least better binned than the standard K-series.
Even with the i7-7740X running at 200-400 MHz higher than the i7-7700K, it might not justify the extra cost for the ecosystem. For those who don't need the features of X-series, they're probably better off saving some money. For those people who have a use for an X299 based system, they're likely to be better served by buying a proper enthusiast chip like the 6C/12T i7-7800X (US$416) — but not for gaming.
Note: All prices retrieved from Amazon at the time of writing