Why choose? You can have both with the P5WDG2 WS Professional or
P5K WS.
The only advantage of PCI-X relevant to an AV workstation would be adding a high-performance PCI-X RAID controller, since I've never seen a PCI-X video card. PCI-X is currently the interface of choice for 'higher-end' RAID controllers in workstations and servers, though RAID controllers are coming available in PCI Express x1, x4, x8 configurations and more will certainly be available in the not-so-distant future.
Contemporary boards are bringing good integrated SATA/300 controllers with RAID0~5, and additional SATA RAID capability via third-party controller or PHY chips (e.g. Marvell, JMicron, Silicon Image, et. al). In the event you should want to expand on that in the future, I see no problem finding solutions in PCI Express.
For an AV workstation, I would go with at least one PCI Express x16 slot for a primary graphics card. A second graphics card can be implemented via PCI, but since the selection of PCI graphics cards is pretty slim (and not going to get better), two PCI Express x16 slots would be better IMO.
You might consider models with the new P35 + ICH9R chipset, which should be improved over the 975X + ICH7R. The only thing, though, is that P35 is a new chipset while 975X is very mature now. BIOS and drivers for P35 boards (e.g. Matrix Storage Manager) are not as refined, so you might be wrestling with BIOS and driver immaturity for another six months.