If you don't understand latencies, then you won't understand why AMD has an inherent memory bandwidth advantage (at least for now). If G5's could run their memory at cas 2 and Trcd (ras to cas) 2, they'd gain a substantial amt of bandwidth, but w/ the delay of communicating to a northbridge on the motherboard, the benefits of these low latencies are considerably reduced.
Considering I haven't really looked into the G5 firmware, I wonder if it is even possible to change those latencies in the OS. With Windows, it is done rather easily in real-time, so I'm sure if someone develops to software, Macs can at least get cas2 and trd2.