Interesting that you say the X5650 came close to the R5 1600, I would have thought there would be a clear distinction between it and the Ryzen as it is supposed to have similar IPC to Haswell which is several generations newer than Westmere.
A 1080Ti is a huge improvement over an R9 290, especially at 1440P. Still, I can imagine your min fps would be much better on a 8700K especially on CPU bound games such as PUBG.
Do you happen to have any numbers to show the kind of improvement we can expect going from Westmere to Coffee Lake?