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I was a bit wary of buying this board for my new PC build as it seemed rather cheap for so many features, including HDMI and USB 3.0. However, after reading a number of professional and customer reviews I took the plunge. I'm glad to say my fears were unfounded and the board is excellent provided you are only planning using it for a single graphics card (GPU). The BIOS is a pleasure to use and has a number of presets for energy saving, general use and performance, with each setting modifying fan speeds and CPU speed. The BIOS also makes use of a software emulated mouse, which makes navigating the menus much more user friendly than standard.
The board is great for those new to overclocking and allows users to set a desired speed and the board will sort out the rest. Using this feature I was able to overclock an i5 2500k from stock 3.3Ghz to 4.2Ghz stable. I'm sure it could go much higher but as of yet I have no need for it to. There is also a convenient DRAM OK! button and LED on the board that indicates if the RAM isn't running correctly. By pressing this button the motherboard will run a series of tests on the RAM and tweak the timings and speed to ensure it works fully.
This motherboard is compatible with all i3/i5/i7 Intel processors in the 1155 socket range. This effectively comes down to Sandy Bridge and Ivy Bridge processors thanks to the Z77 chipset, whereas the older boards were the Z68 range, limiting compatibility to Sandy Bridge chipset of CPUs.
One area I found myself disappointed in was the PCI Express lanes. The description states it is Quad Crossfire compatible through two dual GPU cards, such as the AMD 7990. However, you can only run a second PCI Express 2.0 lane at half speed (8x). However, for a budget board the target market would not be using it for this purpose but that begs the question: Why include it?
The ASUS P8Z77V-LX is an excellent board for the price, so long as you accept it as a budget board with extra features and not a big budget board at a discount price. The materials are high quality, featuring good quality Japanese capacitors (caps); the software is easy to use for those new to tweaking and overclocking the PC, and it has a wide range of connectors, support for processors and can handle a card as beefy as a GTX Titan.
For me, it was an easy decision to buy this over the limited competition. Put simply, you won't find this specification at this price point elsewhere.