No idea, but 'something' is clearly up, look at the scores posted not in comparison to the geforce cards, but in comparison to the radeon 5700. They're no higher. I suspect the benchmark is naively written and doesn't really take advantage of vectorisation properly, hence the low scores and lack of performance scaling on the Radeon cards. That, or something is really, really wrong with AMD's directcompute implementation. I don't think that's the case though, as according to Anandtech, the 5800 series run the Nvidia wave demo much faster than the GTX200 series... I suspect it's just a bit of a crap benchmark, in all honesty.
http://www.anandtech.com/video/showdoc.aspx?i=3643&p=8
The wave demo was pretty crap too - didn't even use multi GPUs on the nvidia side and is deffinatly not any good for performance comparisions... whether this is or not is another story... which we are yet to find out.