No offense mate, but methinks you've got a whole heap of stuff wrong. I'll explain.
1) There is no such thing as a 980 xTreme. There is, however, a 965 Extreme.
2) The performance gap between the 920 and 965 is significant but nothing you really want to be spending the extra money for unless you are an extreme overclocker, and you like the sound of the unlocked multipier (which helps control the speed of the CPU).
3) The ONLY situation I see an i7 falling over to its older counterparts is in gaming, where, really, there isn't that much difference. Hell, a Phenom II performs much the same as an i7 while gaming; but that's primarily due to the fact that most modern games aren't properly multi-threaded yet. In everything else, an i7 will trounce everything, Core2Quad or Phenom II.
Hope that clears some things up.