Interesting benchmarks on the new 12 core Intel 980x posted at
http://www.techreport.com/articles.x/18581/12
For an open source x264 HD render pass 1, the 980x was about 50% faster than a 920, and about twice as fast as a Q6600. Pass 2, the 980x was almost twice as fast as the 920, and almost 3 times as fast as the Q6600.
Then they tried Windows Movie Maker running a transcode to wmv. The 980x was actually slower than a 975 - apparently WMM doesn't use more than 8 cores.
Has anyone tried a Vegas render on a 980x yet?