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Putting current graphics cards in a PCI Express x4 slot verges on madness, incurring a performance hit of between 25 and 33 percent. Even if the motherboard in question were especially cheap, the card's price/performance ratio is affected immensely. When using an x8 connection, performance also decreases, albeit only by 7 to 8 percent.
it's actually an 8x electrical connection according to bit tech so you should be fine
The PCI-Express 2.0 x16 slot is only actually electrically x4 even though it has pins for x8. J&W told us that this was because of the limitation in trace count - x8 or x16 was just not feasible because it would require 8+ layers making it much more expensive. A PCI-Express x4 slot is a large compromise for gaming - it equates to the same bandwidth and means the graphics card won't be running anywhere at its full capacity. Having said that, given its size and the fact that the CPU socket is limited to 65W AM2/AM2+ CPUs, the designers haven't designed the board as a home for the Radeon HD 4870 X2 (even though technically it can fit and work).