First: Core i7 2.66GHz cost $309.99 at newegg, and you can get it for $299.99 Microcenter. I think Core i7 will also perform better than any of Phenom II CPUs
Second: There are much cheaper X58 motherboards at newegg than the one you posted.
Third: The DDR3 you posted is very expensive, and you can get much cheaper one. Furthermore, Core i7 performs the best on Triple channel memory
Here is an example
http://www.newegg.com/Product/Produc...82E16820231222
Forth: Phenom II is not out yet. At the time Phenom II comes out the price of Core i7, X58 motherboard and DDR3 might get cheaper.
Fifth: there is no evidence that Phenom II will be better than Yorkfield which is cheaper than Core i7
Last but not least: Your pricing of Phenom II 940 is based on assumption





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