you can compare them with these links:
http://www.asrock.com/mb/overview.us.asp?Model=Z68%20Extreme7%20Gen3&cat=Specifications
http://www.asrock.com/mb/overview.us.asp?Model=Z68%20Extreme4%20Gen3&cat=Specifications
the ones that pop up right away are:
■ nf 200 chip on the extreme7
■ quad sli on the extreme4
■ 1x pcie 3.0 slot on the extreme7
■ 1x rear usb 3.0 bracket on the extreme7
■ ddr3 800 ram support on the extreme7
■ extreme7:
-5 x PCI Express x16 slots (single at PCIE 3.0* x16 (PCIE2) mode, dual at PCIE 2.0 x16 (PCIE1) / PCIE 2.0 x16 (PCIE4) mode, or tripple at PCIE 2.0 x16 (PCIE1) / PCIE 2.0 x8 (PCIE4) / PCIE 2.0 x8 (PCIE6) mode; PCIE5: PCIE 2.0 x4 mode)
- 1 x PCI Express 2.0 x1 slot
- 1 x PCI slot
- Supports AMD Quad CrossFireX™ , 3-Way CrossFireX™ and CrossFireX™
- Supports NVIDIA® Quad SLI™ , 3-Way SLI™ and SLI™
** PCIE 3.0 is only supported with Intel® Ivy Bridge CPU. With Intel® Sandy Bridge CPU, it only supports PCIE 2.0.
vs
extreme4:
- 2 x PCI Express 3.0 x16 slots (PCIE2/PCIE4: single at x16 or dual at x8/x8 mode) (PCI Express 3.0 with Intel® Ivy Bridge CPU, PCI Express 2.0 with Intel® Sandy Bridge CPU)
- 1 x PCI Express 2.0 x16 slot (PCIE5: x4 mode)
- 2 x PCI Express 2.0 x1 slots
- 2 x PCI slots
- Supports AMD Quad CrossFireX™ , 3-Way CrossFireX™ and CrossFireX™
- Supports NVIDIA® Quad SLI™ and SLI™
■4x sata 6 gbps using an asmedia chip on the extreme4.
so on...