It will then bump the frequency to really high levels for efficiency so you can use a tiny transformer to get back into DC. Efficiency rises with frequency in AC.[/quote]
Actually, pushing frequencies higher make it increasingly difficult to achieve high efficiency due to skin effect in conductors, parasitic inductance, transient losses when diodes and switching elements (MOSFET, IGBT, bipolar) switch on/off, increased gate/base drive power for switching elements and synchronous rectifier output MOSFETs, higher Foucault (eddy) current losses in the magnetic core and filter chokes, etc.
For highest efficiency, you want to use the lowest frequency that makes it possible to fit the required components in the available budget, space and weight limits.
mseldin :
Semi-conductors are MUCH more expensive to make to operate at higher voltages, no?
Under 50V, voltage has almost no effect on most discrete semiconductors' manufacturing costs and if you look at bulk pricing, many devices across the 4-50V range are priced within pennies from each other in reels of 2500+.
If you do the same exercise comparing 5A (useless for PC PSU output rails) with 50A devices (more in-line with what would be used for PSU outputs) on the other hand, the difference jumps from pennies to nickels and dimes.
In low-voltage applications, current drives costs up much faster than voltage does.