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There has been a lot of random speculation about the X79 chipset being the pacing item.
Not particularly relevant since the Xeon configs do not use the X79 chipset. Apple is likely to use neither the Sandy Bridge E Core i7 chips nor the X79 chipset. The C600 (Patsburg) series chipset is the relevant chipset.
If you look at those X79 rumors the factors that were rumored to be broken (e.g., enhanced bandwidth RAID mode, etc.) are exactly the features that are not in the lower Patsburg chipset and that Apple is very likely to use the lower one. The extra-super-deluxe version of Patsburg (Patsburg D) is exaclty the version that Apple is not going to pick. Apple is most likely to pick the Patsburg A (http://www.theregister.co.uk/2011/05/30/intel_sandy_bridge_xeon_platforms/page3.html ), which is exactly similar what some rumors said the X79 might have to fall back to in order to release Q4. There is no need for anyone who intended to roll out on Patsburg A to change schedules.
Frankly the only reason the Mac Pro seems to be linked to Sandy Bridge E and X79 is to temp some seriously stale arguments over the mythical minitower xMac that primarily serves to cannibalize iMac sales.