It may be announced in January, but will probably be much later before it is available. People who need a machine now, buy a base 2.8 8core machine, and use it. You will be able to sell it for reasonable price in the spring and apply that money towards a faster machine if you really need it. The dual quadcore machine is incredibly fast at everything it does. How many people need more than that? I say this as a person who owns a dual 2.8, 16gb ram, 8800gt card, and 4tb internal raid5. Honestly, even this is overkill for most tasks. If you truly need more power, I am sure your work can afford a render farm of xserves. Also, very little has been leaked out on the xeon version of the core i7 architecture, other than it is coming. Intel did show a machine at IDF, but that was about it. Then again, Intel and Apple have this strange relationship where from time to time Apple gets product first.
Peace,
Noushy