It really doesn't matter the frequency you reach if you are loosening the latencies.
Having high IPCs is the most important thing because it's the real measure of memory quality. As an example A 2400 MHz CL9, like the GSkill 2x4 GTXD at 1,65V have 266,67 IPC, they can go to 2666 at CL10 or you can downclock them and still get 266 IPC to feed your system. MHz have been increasingly taking the spotlight because they ultimately influence data transfer and gaming but with pure mathematics at work 266 IPC is the same as 1333 MHz CL5 or 400 MHz CL 1.5. The larger the memory chip the slower the latency will be. In DDR4 we are going to see the same IPCs but since they already know that no motherboard will ever have more than one memory bank per channel they are doubling the density, slowing down latencies, and trying to recover with higher frequencies. The ram will cost less, if someone doesn't burn down or flood the factories, consume less, and probably processor will get advantage of the larger data transfer. The downside is that the memory bank will be really populated and low profile memories could disappear. If today 8GB is the minimum and 16GB is very popular, tomorrow 16GB could be a one bank memory, easily enabling people with two channels to have 32GB of ram and 64GB those with four channels. Ramdisks everywhere.