mehhh, $1,000 so you can run your benchmarks and post screenshots of your e-peen, no thanks.
The pricing gulf is really wide and hard to believe. Thankfully they offer Sandy at a reasonable price. For anyone beyond a few select people who really NEED those 2 extra cores, $1,000 vs $300 for a 2600K is ludicrous. Even for those who need it, its pretty ludicrous. If 990x should sell for maybe $499, it would make more sense.
That said, its such a low volume chip and as long as there are a few, ahem, "enthusiasts" willing to spend their money on it, then why not? It is sort of a halo image thing so Intel can always make sure they're top of charts (even though AMD makes it too easy on them).
Perhaps it is also a VEBLEN GOOD (I just spent time with Google trying to recall the definition of this situation - I knew it was a V-something.....) which is when something is more desired by certain people the higher the price is.....