Guru 3d have performed and investigation into generational differences in PCIe performance effect using a GTX980 and SLI GTX980;
http://www.guru3d.com/articles_pages/pci_express_scaling_game_performance_analysis_review,1.html
PCIe1.1 holds up surprisingly well showing, basically, no performance issues with a single GPU. And PCIe 2.0 only loses 3 -5% compared with 3.0 under SLI
http://www.guru3d.com/articles_pages/pci_express_scaling_game_performance_analysis_review,1.html
PCIe1.1 holds up surprisingly well showing, basically, no performance issues with a single GPU. And PCIe 2.0 only loses 3 -5% compared with 3.0 under SLI