PCIE 4 really isn't a deal breaker for me it nor so price. Just not really sure which is better and more worth.10700 is 230
10700k is 250
11600k is 270
Prices from Microcenter.
10700 has 12 threads instead of 12. Higher passmark score too. And 40 dollars cheaper, I guess you just love NVME PCIE 4 in my understanding if that is important to you.
For me its an easy choice 10700 non K lower TPD and good passmark score. YMMV