It features OC-Touch, LN2 Mode Switch, Dual BIOS switch, DualBIOS disable switch, Voltage read points, 4-way SLI/CF with Native 16X PLX Bypass mode. It also features a 32-phase VRM capable of 2000W with IR3550(60A per phase), it also lays on a 10-layer 2oz copper PCB. This board is nuts.
This has LGA1155 CPU socket, the LGA1155 socket supports any CPU that was made for the 1156 and the 1155 socket, in other words, it supports any i3 i5 i7, 2nd generation Sandy bridge & 3rd generation Ivy bridge CPU. BUT if you want to use RAM that is 2200 MHz and faster, then you will need a 22nm CPU (that is 3rd gen i3 i5 i7)
So get a 3rd gen CPU, this will futureproof your setup for a long. Short anwer is:Yes both i7 3770k and 3930k will be great for this. GIGABYTE breaks Core i7 3770K OC World Record at 7102MHz with upcoming Z77X-UP7
Overclocking was done on the upcoming GA-Z77X-UP7 motherboard . -GIGABYTE at the time of writing were not prepared to comment on pricing as it is yet to be 100% confirmed. However, you can expect the price to be fairly high as this is a board designed for overclockers and it has plenty of top notch features to help overclockers around the world set new performance records. In the video that the Z77X-UP7 is much like a Formula One car in its design theory. Every little tweak has been included and high-end components such as 32 CPU phases are included to help set said new records.
Besides the massive amount of power phases and its all-digital power system, GIGABYTE has included some new handy switches this time around. There are two switches at the southern end of the motherboard. One is to control which BIOS is used (master or backup) since this board like all other GIGABYTE boards support Dual BIOS. The second switch disables the Dual BIOS function as sometimes overclockers get into a kind of loop issue that has the motherboard looping between both BIOSes to figure out which one to use.