I see following solutions here:
1) get two E5645 six-core CPUs and overclock them on SR-2. You might be looking at 3.3-3.4 GHz range with decent cooling, skills and luck.
2) if you not willing to overclock...don't buy SR-2
Get much cheaper Tyan or Supermicro entry-level dual LGA1366 board and couple it with CPUs of your choice. I'd go with same six-core solution as 3D rendering prefers threads over frequencies. Besides fast Xeons are quite expensive.
3) Build a rendering farm out of cheap desktop Sandy Bridge platform. This ought to provide much greater performance/price ratio.