is this the new name or the agp slot

Like I said on AIM, it's basically a fake AGP slot. Just going by the speculation, it's probably some rigged up PCI slot, since AGP is just a fast PCI slot with it's own bus. With the drive to PCIe, they might be thinking that it'd be fine since most PCI slots the average user has aren't high-bandwith devices. Gigabit NICs and some storage controller could cause a problem, but with the storage options on that board, I find it hard to believe that this is going to affect many people. Of course, without a review on it out at the moment, I can't say how well that slot works.
 
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