What's being left unsaid is what's happening when a power supply is pushed to its limits or close to it.
First, the OP is obsessing about the +12V rail and output and neglecting to consider that there will be some +3.3V and +5V output from the power supply. And every single watt of both those minor rails the power supply has to provide the computer is a watt less the +12V rail(s) can provide. And while it's true modern computers don't place heavy loads on the minor rails like old computers once did, they still are used, which decreases the available amount of wattage/amperage available from the +12V side.
Second, as one approaches the max rated output of a computer's power supply, the ps begins to lose its grip on voltage regulation and ripple/noise control. Granted, the Seasonic X-series is quite capable and even underrated, as is typical with Seasonic products, but even with them, once you approach max. rated capacity, voltage regulation, ripple/noise generation and efficiency all suffer.......
And while the wattage requirements listed in various charts demonstrate that dual 580s and the cpu the OP is running will just brush the max. output of his power supply, I doubt the charts demonstrate the odd spikes of increased power suck one encounters when changing scenes, loading levels, etc. And it's at those points that the power supply will undoubtedly be required to put out more than its rated capacity, even only briefly.
And in those situations, the unit will produce worse than charted ripple/noise generation, lose a bit of control on its voltage regulation, etc. The upshot of that will be components that have to deal with being presented an electrical signal that's dirtier than normal....sagging voltages, more ripple. And while the Seasonic will probably produce over its capacity and remain in ATX spec, the closer to the upper limits of the spec it gets means the motherboard and gpu VRM's will have to work harder to correct for that. This means the components attached can possibly end up with a shorter life span than normal.
I know what I've presented may be dismissed as being "theoretical", but in practice it happens. And with every mV of ripple increase or mW of power sag that the power supply has as it approaches capacity and/or exceeds it means the attached components "struggle" a tad more to maintain stability, esp. when overclocking any component, like the cpu or gpus. Overclocking those components makes them much more sensitive to variations/anomalies in their electrical supply.
Of course, probably the worst thing that'll happen when the OP finally gets his 580 SLI setup going with that power supply is random shut downs during heavy game play. I do hope Seasonic's OCP will kick in appropriately.
Maybe I'm just too old school about things, but I'm one that doesn't like pushing a power supply routinely beyond around 70% of rated capacity. That's about the end of their best efficiency rating, and the electrical output is still not being compromised at all by running at full tilt. Of course, I do remember the explode-a-matic Antecs of yesteryear, so maybe I'm just a little over cautious, but I've managed to keep a Corsair 620HX in service for almost 5 years (bought it when the 620's first hit the market) and through four different setups....and never had a problem. Of course, I'll admit it's currently being used in a relatively low power system right now (an oc'd i5 750, a 6950 2GB video card, 8GB RAM, 2 hd's), but it's almost out of warranty and I have no qualms about it staying in service at all.
But what I really think will happen to the OP......either shut downs in game play, as I mentioned before, or his overclocks on his cpu won't be as high as he wants or won't be stable under high stress, again producing shut downs. I really doubt the magic smoke will leave the power supply.....or motherboard or gpus. Just will have an unstable system at full stress.