Tom, if you're still up for running tests could you say what the peak power use is while running the power supply test that is part of s&m (some russian tool which is good for stressing components, available here:
http://www.benchmarkhq.ru/be_cpu.html).
Oh and while I agree that using 1kw psu's is overkill right now, there are some benefits. One is that the psu will be running at only 40-60% of its rated output and thus its components will be far less stressed (I would worry about running a psu at 85+% of its rated output 24/7 for any great length of time). Another is that some of these new 1kw units are actually some of the most well-built ones around (I'm thinking of the thermaltake toughpower 1000w/1200w, review here:
http://www.jonnyguru.com/review_details.php?id=115). Their efficiency puts other brands to shame and they remain rock-solid in terms of voltage regulation and ripple.
Yes they cost an arm and a leg, but when most of the guys using them are already splashing out oodles of cash getting sli'd 8800ultras/crossfired 2900xts, water/phase-cooling for their rig, 24+" monitors, quad-core extreme editions, I doubt they are going to be squeamish about spending in the region of £175-250 for a power supply.