first thanks for the very concise answers, a few things i'd like to address/extend upon
memory: i forgot about it being triple channel even though i've used x58 for years, the board does indeed have 18 total dimm slots. so say for 24gb in total its a case of doing 6 2gb dimms in either bank?
cooling: as for coolers, did they work out of the box? i couldve sworn the 1366 xeon boards had a weird metal backplate that heatsinks are designed to bolt into which basically stopped you using aftermarket heatsink brackets.
other: as we can tell i'm not really looking at the latest and greatest so to speak however are we looking at the same board? the first picture posted had a riser card in i think so heres a clearer one
however now i've sent my self down the rabbit hole as supermicros documentation states "7. Left Side 1 (x16) PCI-E 2.0 by riser card, Right Side 1 (x4) PCI-E 2.0 by riser card (in x16 slot)" yet theres two x16 slots and an x4 so it seems atleast one of the slots will be x16 2.0 - was planning on using the first x16 and risering the card (essentially planning on knocking up my own sort of test bench/case out of wood) below something like this rough sketchup design:
atleast it wont block the sata ports

i run usb speakers/headset so i'm presuming i can get away with that.
i think the line of "If you are really into tinkering and building systems - there's a lot of fun to be had with these boxes" really sums it up - i'm not looking for cutting edge top performance out of this, just a fun little project thatll work as a daily driver. i most likely wont be doing any sort of hard hitting virtualization or to be honest any server grade stuff, most of what i do is usually just editing/rendering/encoding 1080p footage, photoshop work and the light bit of gaming ie csgo, gta, etc. maybe it's just me, but i like seeing the odd scrapyard esque builds, stuff like that is much more interesting than your standard run of the mill i7 1080 builds. performance/price wise yeah im aware it wont in any way hold up to to something newer, however even just a regular ryzen 1600 is £180 quid whereas with something like this i can easily get the board, chips, ram for under that amount (70 for the board, 40 for the chips, 40 for ram) then it's just a case of decent psu (say another 50/60), a card and it's off to the races. im also looking forward to trying to put together my own case/bench so all in all it should be a fairly fun project thatll work for my needs.
again, cheers for the response and any input and advice.