you may not use the full bandwidth, but your gfx will most likely run half power....
pci-1.0 gives your gfx 75 watts of power, plus whatever you need to connect to it externally.
pci-2.0 gives your gfx 150 watts of power, plus whatever you need to connect to it externally.
my 4870 1gig pci-2.0 card is running half power right now, which means I'm not getting my full potential out of it. every card draws from the motherboard, just some need more juice, hence power supply's with pci express connectors, either 6, 6+2 or 8. each line gives 75 watts of power. so technically the 4870 runs about 300 watts, 150 from the motherboard and 150 from the psu pci-e connectors.
running half power will effect your new card purchase. get a new motherboard, don't listen to noobs.
Stop posting that! It isn't true. Good grief, right now 1.1/1.0 and 2.0 are essentially interchangeable since nothing uses that bandwidth and the cards are designed with power redundancy so if it can't get 150W from the board, it is ok.