To date the RocketRAID 2320 is the ONLY PCI express card available. My G5 Quad has this card and 4 internal 500 GB Seagate SATA II drives installed as a hardware RAID 0. When I run a benchmark test of the speed it ran to about 230 MB/sec for reads and 200 MB/sec for writes.
The report on barefreats of this runing slow is when set up as a RAID 5.
Highpoint is due out sometime soon with a PCIe version card with 4 internal and one 4 channel external connection. The RocketRaid external 4 drive container is connect by a propriatery bus called the infiniband that has one connection between the card and the external box.
Sonnet is supposed to be shipping PCIe cards this month but they cut back to 4 internal ports on one and 4 external ports on the other, which seems to be a poor choice for their products.
As a RAID 0, the 230 MB/sec is really good because the PCI express 4 lane bus can handle 1 GB of data per second and the bottleneck are the drives from SATA II 3 Gbps max speed.
Hook up 4 internal and 4 external drives and you are up into the 500 MB/sec speeds for the first 2/3rds of the drive.