lehtv, how close are these new GPUs? Would you advise it is worth waiting for?
In the best case scenario we'll get 7800 series in December. Probably more likely we'll have to wait until January, perhaps even February. The 7800 series will perform like 6900 series or better but consume much less power. I would expect 7900 series to follow shortly after, hopefully they will perform at least 30-40% faster than 6900 series. However, a HD 6950 2GB is really fast already, it plays any game on nice settings on 1080p. When it starts to feel slow, sell it and upgrade. Waiting would be sensible if you didn't really care about gaming at the moment.
Does 650W PSU leave me enough power to expand beyond my currently speculative build? I know it would not support a second GPU, but what about an additional ODD to add a cd burner or other such parts?
Any of X-650, HX650 and XFX 650 will easily power any single-GPU setup with overclocking and additional devices, expansion cards, fans, you name it. There's absolutely nothing to worry about in that regard. Each of X-650, HX650 and XFX 650 also has four PCI-e connectors since they actually are capable of SLI/Crossfire. You could run 6950 2GB crossfire fairly comfortably. 7850/7870 crossfire, roughly equivalent to a single GTX570/580 in power consumption, would be child's play.
What is the reasoning for Season X-650 > Corsair Pro HX650, and XFX 650W > Corsair Pro HX650?
Compared to HX650, X-650 has better efficiency and it's quieter (hybrid fan). XFX 650W lacks modularity and has slightly lower efficiency, these are the only reasons it costs less than HX650. Better value for money. I'd expect both of X-650 and XFX 650W to output a bit more stable voltages than HX650 because they're Seasonic built instead of CWT.