In Norway, the 1700 is about 20-40 USD cheaper than the 7700K.
My 1700 will be here tomorrow. I have a 5820K and a 6700 still in my house. I've tested the 4770K, 5820K, 5960X, 4790K, 6700K and 7700K long term. The last five have been under water. The 7700K did not get 5 ghz stable as the temp would get too hot. The 24/7 clock on those was 4.5, 4.8, 4,5, 4,6, 4,6 and 4,9 ghz.
I am guessing that I will do 4.0 ghz on my 1700 quite well. I am only missing a motherboard.
I got the money for every motherboard out there, but I do not need any special motherboard as long as it will not stop me overclocking wise, I am happy. Thinking about getting the Aorus 5.
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