zAustin :
PCIe 2.0 x16 is basically equivalent to PCIe 3.0 x8. And x8 is perfectly fine to run your video card on. However, SLI would pretty much be out of the picture for you.
This is not a good comparison, the number of lanes is not directly proportional to the speed of the lanes in 2.0 vs 3.0, just how much data they can carry. Now it is true that x16 can run faster because it has more lanes and therefore can carry that much extra data, but the difference in speed here is between PCIe v2.0 and 3.0, and in reality its been proven to be only a few percentages points slower.
SLI and Crossfire run perfectly well on PCIe 2.0, in fact you'll find anyone running an AMD based system here, as well as a decent portion of everyone else on this site running an SLI/CF setup is running it on PCIe 2.0 .