All you need to know about Nehalem. Nehalem (CPU architecture - Wikipedia, the free encyclopedia). Yes it will have a new socket and it will have an onboard memory controller. I'm almost tempted to go they cheap way. Buy a E2140 etc and overclock it as far as possible then buy a new processor a month or two after Nehalem comes out. Then again the way things are going I'm wondering if I could just wait for Nehalem and see whether AMD can pull their finger out to give Intel some competition.
If the E8400 does do mad clocks then I'll probably bite the bullet seeing as DDR2 is so cheap atm. A DFI bloodiron board will do 500Mhz FSB for £80 so <£280 for 4ghz+ cpu and 4Gb ram is pretty good value.