Alright, going to need to pull the trigger on this one.
After more research and strong opposition to my processor and motherboard choice in this forum (especially from mfenn

), I have decided to switch to the ASRock Pro 3 Z68 motherboard and a I5 2500K processor.
I have to say the move to the I7 was easier for me than the mobo switch from the ASUS Z68 Pro. Sometimes I get shiny things syndrome and it hard to talk me down. There is a definite need vs. want struggle going on. I reluctantly chose need over want.
Thanks to everyone's help I took a build that was just over $1500 and reduced it to $1150, and that doesn't even include rebates or shopping around (which I plan to do). Best of all I don't feel the new build is too much of a compromise in performance.
I will be purchasing the items tomorrow morning. One last chance for someone to add suggestions/tips/etc... Thanks everyone for your help so far. Once the parts are purchased I will post my final configuration for posterity.