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Intel has released its Sandy Bridge CPU's. These are very nice chips. They overclock well and consume less power than their predecessors. The motherboards are also reasonably priced. I'm using a 2600K with a ASUS P8P67 board (see pic above). The new ASUS boards use UEFI which is the replacement for the old BIOS. Takes a little getting used to, but it makes overclocking very easy.
Update: Intel says there's a chipset defect that could cause the SATA II ports to fail On Sandy Bridge boards. The reseller that sold me the board is offering a full refund or a replacement board (when the revised boards are available). So far, I have had no problems with my board, so I'm keeping it until the replacements are available.