Going on the pictures, This motherboard looks to be absolutely brimmed to the load with features aimed at the high end enthusiast market.
A 24-Phase VRM can be spotted, The earlier version had a 16+2 Phase Digital power VRM. The LGA 2011 socket is powered through two 8 Pin connectors which should sate even the most voracious appetite for extreme overclocking, There are also 12 compact Driver-MOSFET (DrMOS) chips on the PCB (The other 12 are located at the back of the board).
A total of eight DIMM slots are located (four on each side of the socket) which can support upto 64GB of DDR3 memory with speeds of 2400Mhz+ OC. The memory is powered through an additional 4+4 phase VRM, two 4-pin Molex connectors are included on the board to provide extra power when needed.
The X79 Extreme 11 provides upto 32 PCI-e 3.0 lanes on the seven PCI-e x16 slots through the PLX PEX8747 bridge chip. Board supports Nvidia Quad SLI and ATI CrossfireX multi-gpu functionality. An LSI SAS2308 storage processor adds eight SAS/SATA 6 Gb/s ports featuring several Raid modes, An additional two SATA 6 Gb/s and four SATA 3 Gb/s ports are powered by the X79 PCH.
I/O includes Creative Sound Core3D audio powered 8 channel jack, two gigabit Ethernet (Broadcom) and eight USB 3.0 ports (four on the rear-panel, four via headers). ASRock also provides exclusive features such as UEFI BIOS with System Browser, XFastLAN, XFastUSB. Also as seen in the pictures, or in this case, not seen, the heatsinks covering the various VRMS are missing, this suggests the board may be a while off just yet.