I've now completed my upgrade from an i7-950 (3.06Ghz) to an i7-4790k (4Ghz) and.... there was no difference! This was with SLI deactivated in the NVidia control panel. I still got choppy frame rates when docked at any stations, or in the asteroid fields (high settings) although with the shadows off, this went away. I really like the shadows though, and Foxis' system is able to run it fine on the high settings with the same spec.
Afterburner was reporting no activity from the second card, but I tried removing it from the computer entirely to exactly replicate Foxis' setup, and, it was perfectly smooth, and 100% awesome!
I put the second card back in, and this time enabled SLI. What I found now is that the frame rate is NOT as high as with the single card, ie it went slightly choppy in stations, but not as badly as with the second card installed and SLI disabled. Also there's a slight extra latency which is what I'd expect without the SLI VR drivers perhaps (didn't notice it before but now I'm used to playing more with the rift it is noticeable).
I then tried enabling DSR and playing at 4 x the native rez, with 30% smoothing. I then selected it in game, and found that there was a strobe effect which is similar to when I tried it with 'direct to rift' mode. The frame rate seemed reasonably good with high, but it looked like there was loads of lag. Having said that, it was really hard to tell because of the strobe effect.
I don't know whether my second card might be duff, so I'm going to swap them round after I've finished work later, but I doubt it would be... I think there might be some kind of SLI setting which is required for the rift, and as Catpain Kirk said, he has an INCREASED frame rate but with the extra latency (although he did say that modern GPUs won't get an increase).
I'm happy to play now with a single 980 card, and the frame rate couldn't be better (didn't try the Wyrd system yet though). I build this setup to play elite, so I won't install the second card until the SLI VR drivers are confirmed to be working. So the main points from this testing for using the Oculus Rift with ED are:
1. Get the best SINGLE GPU you can for now.
2. Don't bother upgrading your CPU and mobo if you've got an older i7 such as the 950 - just overclock it if you can and invest in the GPU.
3. If you've got an SLI setup, it may perform better for you without the second card physically installed, even if SLI is disabled on the control panel.
4. Don't use the tutorials as a benchmark because they don't reflect true in game performance.
5. Don't forget that you'll probably need to upgrade anyway regardless when the CV1 rift arrives, so keep your cash if you want to wait.
I'm happy to keep playing about with the SLI and DSR if anyone has any suggestions for settings to try? Otherwise I'm going to try again one the SLI VR drivers arrive.
Edit - I was using DSR factor 4 (not factor 2.25), and at a resolution of 3840 x 2160... Maybe this is why it was so rubbish with DSR. I'll try again with it later at 2.25 with SLI and see what happens....