PCIe 2.0 is a great idea... but IMO they should have waited a year and gone with a bandwidth speedup of x4 not x2. Why?
Well the whole idea is to be able to have much more bandwidth going on a "simple slot", ie the 1 lane slot. So you can run high bandwidth hardware, e.g. RAID or SCSI cards, GB ethernet and fibrechannel. At the moment, a x1 card is pretty useless for these applications. (Single network ok, but for server with 4 or 8 network ports, a 1 lane card just doesnt have the bandwidth)
It also makes manufacturing cheaper... if you can put a 4 lane card into 1 lane, or a 16 lane GPU onto 4 lane.