Dual GTX 860M would be more powerful but I'd prefer the GTX 880M. You wouldn't get the microstuttering of SLi or the power/heat problems associated with dual graphics cards. The dual cards would also mean a heavier laptop, even heavier than a laptop with a single graphics card.
My own laptop has a GTX 675MX 4GB, this is roughly equivalent to a GTX 560/560 TI. Mine plays most games on high or ultra, I haven't introduced it to the likes of Crysis 3 or Battlefield 4 yet.