Okay, I finally got around to doing this. Intel 975X mainboard, E6400 processor
Project 2730 with board@3D clocks (650c/775m X1900XTX 512MB), minutes per completion frame:
x16: 6:02
x8: 6:08
x4: 6:51
The x4 slot on this board is via southbridge, but I don't have another board with an x4 via the northbridge I can test. Looks like minor differences in x8 vs x16. This is kinda expected since current download/upload rates to GPU is ~1GB/s, so we really aren't stressing the x8 bus which is theoritecal ~2GB/s, vs ~4GB/s for x16. x4 is in theory ~1GB/s, so we are stressing it, plus the added latency of the southbridge, and everthing else in the system.
It would be interesting to see others' measure on PCIe speed. If someone has on of the 1950 AGPs, it would be interesting to see the speed comparison against the x4 above. Sadly, we can't test with the same CPU to take that out of the equation, but it should give us ballpark.