Summary: I bought 2 of these boards and they work Awesome! I built 1 so far with the following config, Core i3-3240 4GB [2x2GB] DDR3 ECC UnBuffered 120GB SSD 3x 1TB HDD ASMB5-IKVM Win Server 2008 R2 I am building a 2nd System with a Xeon E3-1230v2
Summary: Works with intel e3-1230v2 out of the box. No bios update needed. Got it in August 2012. Put in Kingston 4x8gb (KVR13E9/8HM) in a Silverstone Tek PS07B case. Need the ASUS ASMB5-iKVM for remote management with vmware esxi 5, an extra $60-$70. I installed it an works good but extra. Also with out it you won't be able to see the esxi health monitor, fan speed,etc. Working with vmware esxi 5 but your going to need a hardware raid card if you want to raid.
Summary: After spending almost two weeks trouble shooting this thing,it turns out that it's a flaw in the boards. Tech support was great about getting me an advanced replacement, but it had the same problem also which sends you off in a complete different direction when testing. The problem is that it would do a sudden power reset whenever it felt like it. But only about once or twice a day. It turns out that I can't plug in any wireless devices like mice or keyboards.
Summary: Terrible motherboard. Booted, but mine arrived with the famous Asus "chassis intrusion error" which halts the system at boot and prevents you from entering the BIOS. Sometimes this is a loose jumper and clearing the CMOS helps. Unfortunately mine is motherboard defect like many others. Asus support is equally as bad and they make you jump through hoops hoping you'll just give up, even when they know the problem is a well-known issue.