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I called Polowick, I’m a fan of Gigabyte. They have stopped selling Giga motherboards since some time but Gigabyte is really good. I’m currently running a P35C DSR3, very good, very stable, very oc’able. Wish we had a proper dealer in Pakistan.
Get the P5K VM for Rs. 6000. You don’t need the P5Q which is double the price and all it offers for that value is bragging rights. There are no performance gains or OC gains over the P35 chipset. PCI Express 2.0 CANNOT be of ANY use to you unless you are running a 9800 GX2 or a 4870X2. Then too the gains are 5 to 10 % and that too on extremely high resolutions like 1920x1080. The cheapest 1920x1080 lcd which can do justice to your 4870x2 or 9800GX2 is 24 Inches for Rs. 50,000 almost.
Intel’s new architecture Nehlahem is launching soon which will make all LGA 775 based motherboards and processors obsolete. That is the architecture that will make use of native DDR3 support and the PCI Express 2.0 slot. The performance difference between a Core2Duo system and a Nehlahem based system is about the same you experience going from a Pentium 4 system to a Core2Duo.
The system you build now should play your latest games for 2 years. Get a P5K VM along with a E8400, a 4870 and 4 GB DDR2 800. Make sure you have a good after market cooler, OC your system to 4Ghz and you’ll be set.