They did make AGP versions of current cards. AFAIK there's an AGP X1950 pro and a 7800 something. But these will be the last of the AGP cards because dx10 cards are designed to do more general purpose computing. This requires lots of bidirectional bandwidth, something the 1.0 spec of PCIe mearly adequate for. Since a 16x PCIe slot offers 8GB/s total bandwidth (4GB/s up/down), 8x AGP's 2.1GB/s simply won't cut it.
Let's say that while it's not impossible (Nvidia's translator chip is generic enough to work with newer chips) it is highly improbable that we'll see DX10 cards on AGP slots.
About bidirectional throughput, for gaming cards it is not really that relevant - as games don't need that much GPU-to-RAM bandwidth. Other uses are still marginal enough to make it a non-issue.
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