It isn't a moot point. You pay for better performance. The 8700k will be decently more powerful than the 1600 in single and multi core stuff stock for stock.
Whether it will be worth it over a 1700/1800 remains to be seen. If it can nip at the tail of the 8 core ryzens in multi core stuff (courtesy of it's ipc and clock speeds) but smash them in single thread stuff then the 8700k would be the better choice.
We will have to see what the benches show.
It is not a moot point - only on tech forums do people loose all common sense,concentrate on one component excessively and try to win E-PEEN battles.
Its not a moot point for most builds,because most builds need a cooler for a CPU,so the Core i7 8700K cost needs to have even a £20 to £30 cooler to be added on top.
Its not a moot point when AMD has cheaper overclocking motherboards.
Its not a moot point once you add the costs of having to spend silly money to get even a decentish overclock - look at DF using a £100+ H110i GT to overclock their Core i5 7600K. Do you honestly think with 50% more cores,Coffeelake won't produce MORE heat than SKL/KL when being overclocked and be harder to cool,especially if they don't improve the thermal interface design?
So once you add all those costs,its not a moot point for most gaming builds,especially if someone can add the money saved on their card,that would be sufficient to probably get a GTX1080 over something like a GTX1060/RX580.
The Core i7 only makes sense if you already have a fast card,not if you are on something much slower,or only have a budget for a much slower card.
Even in FO4,I only realised CPU limitations once I moved to a GTX1080,not when I had a much slower card.
Its no point investing in the bestest CPU in the world,if you need to spend more in the longtime on graphics cards.
The fact is the 6C/6T Core i5 battle is going to be the more important one there,period.
Another £100(or more) for SMT. What a joke??
"New" chipset? What a joke!!
Hardware enthusiasts need to grow some balls against what Intel is doing,this is why they have continued to market segment every little thing. There is probably no real reason for them to not make a Z270 motherboard run Coffeelake,especially when it only launched THIS YEAR!!
YES,THIS YEAR!!
So in under a year,the Z270 is paperweight of a chipset.