I'll throw my .02 in here.
I plan to resell my new Mac Pro when Nehalem hits, so I want to buy the machine that will hold its value the best. Currently, I have an order in on the 8-core 2.8, but it's been a stuggle for me to work out which CPU is the best pick resell-wise. Some thoughts that I've considered:
a) The majority of machines being talked about here are 2.8's. If this is an accurate sample of all machines sold, will the eBay market be flooded with 2.8's when Nehalem hits?
b) The new 2.8's under perform the old 3.0 Clovertowns in some benchmarks. In the resell market, would the 3.0 Clovertowns be worth more than the new 2.8s?
c) It's possible there will be a 3.4 Ghz MacPro before Nehalem. If this happens, will 3.0 become the new baseline? If so, the value of all current machines will go down. But I suppose this is just something to be anticipated in a world of progressing technology.
In conclusion, I feel better banking the $800 or $1600 than investing in CPU upgrades. I'll take what I can get for my 2.8 come Nehalem, and if the CPU upgrades in the Nehalem lineup are more appealing, maybe I'll splurge then.