This is astounding! According to reports from Fudzilla, retail ivy bridge parts are having trouble pushing higher than 4.4 Ghz without overly expensive cooling methods. This is only a 26% overclock from stock settings. Plain and simple, this is a big step backwards. For comparison sake the i7 920 @ 2.66 ghz generally clocked to 4.2 Ghz, a whopping 58% overclock.
ADDED : In other news, my rig is now built but benchmarks need to wait until at least May 2nd because of driver issues I am having with Windows 8. I will most likely scrap my windows 8 idea and stick to the more stable windows 7.