Based on some quick calculations I did using common eBay prices, your analysis of idle power results in:
1366: $150 (mobo) + $150 (2x L5640s) = $300
2011: $300 (mobo) + $650 (2x e5-2620 v1) = $950
Cost delta = $650 / $80 per yr = 7.8 years (based on idle power alone).
I tried to compare the benchmarks to get a handle of the performance differences, but the only common one across the two articles was the 7zip compression. Both processors had similar performance on that metric, so I couldn't draw any meaningful conclusion.
**we totally hijacked this thread by the way, maybe piglover can move these posts to a different thread
**
My math looks a bit different:
1366: $150 (mobo) + $60 (2x L5630s) = $210 (I'm not going for dual hex core, I don't need the speed as much as the power savings)
1155: $150 mobo + $130-200 e3-2xxx Xeon = $280+ (this platform is better at power but less computation power than 1366, single CPU)
2011: about same as your assessment, $950
One thing I'm considering is just running a single chip in the 1366 platform, my current setup is a i7 920 + 24GB of RAM + 12 HDDs and it's about 165W idle with fans/drives/etc. It drops to 120W when drives are spun down, compared to Xeon W3540 from Patricks review of the L5640 which is basically same chip, his idle is 48W (not sure about other components but I think it's inline with what I'm seeing with a single 1366)
Another major variation which we didn't touch on is memory capacity, 1366 dual cpu boards can easily get 12 slots of dirty cheap ECC Reg DDR3 (current eBay rates is about 6x4GB for $120 shipped). 2011 v1/v2 boards has same benefit, 1155 uses ECC UnReg which is very pricey.
I think a lot of what we go with will come down to use case, for me I'm not running anything intensive, main just a NAS VM driving my 10x3TB array which gets spun down when not in use and some other VMs for testing and exploration.