@Bluedevils: actually i think you mean 1 bit, the SD card spec only has 3 modes, SPI,1Bit and 4Bit
the pxa270 is the first pxa processor to support the 4bit mode, not sure is sharp supported it or not but if they did then the maximum read/write speed fot the sd card is 12.5MB/s (25Mhz @ 4bit)
with the new 166x speed cards you should not see any performance gain as there is no device that i know of that can support the 166x speed (i belive it was added in the sd card 2.0 spec)
so to add everything up and fill in some points - pxa250 = 1bit mode,2.5MB/s max pxa270 = 4bit mode, 12.5MB/s max (if sharp programed thier drivers for it), The only time you reach that speed is when writing multiple pages at the same time
the new sd kernel drivers ethier support 4 bit or has hooks for it (2.6 series, see the status of the port at
http://www.orca.cx/zaurus/)basically i wouldnt bother unless you have a 1GB or 2 GB card and are transfering files between your pc and pda