again we have to say this on the forum, those benchmarks are from the beta driver release of the 5770, and even if the 4870 is better by a small margin (still), don't use ">>" that implies much greater
@ Ebkboy: As the others have said: Stick with your dual GTX260s'.
In point of fact, most benchmarks show the HD5770 as being slightly slower than the previous generation cards in its performance range (HD4870/GTX260) so you'll most likely see a performance drop off along with the loss of PhysX. The only reasons to change is: Lower power consumption and, possibly less noise (my reference 5770 is as quiet as a meek church mouse, even under heavy load).
It wouldn't be a big improvement. In some situation you would loose a little performance. As previously mentioned you would also loose PhysX (though that may not be much of a factor in the future). Anyway, you should wait till DX11 is more prevalent and by then the price of two 5850s, or their replacement, should be alot less.
a single 5870 wouldn't be an upgrade, just a sideways movement
for upgrade he would need: 2x5850,5970,2x5870 for it to be worth it
but each of these solutions are $600+, not to mention probably a new PSU
I agree with everyone else it's a sideways move in terms of performance, especially if you have a hefty enough CPU. If you could make the move from SLI to Crossfire without a mobo swap, then likely you do have such a CPU.
As you can see the 5770 is almost exactly the same as the GTX 260 192 core and the 4870 in performance. The GTX 260 216 core is faster by a good 10%.
So either you will get the same performance, or you will get less. If DX11 is really important to you then I recommend waiting for the GTX 4xx series launch in March to see if you can get 2 5850s because they should drop in price. On the whole I don't believe anything less than 2 5850s will be a worthwhile upgrade.