Thats great, I also have Farcry3 set up for 60fps vsync at 1440p ultra with 4xMSAA and it never dips below 60 either. Well actually 59 as I use a 59fps cap + vsync. Still doesnt have anything to do with scenarios when I want 125 or 250 fps caps, use 120hz, eyefinity etc.
Point is your solution doesnt offer any flexibility. You are basically saying if you want 7970CFX you are limited to 60fps vsync, on a single display unless you lower your settings right down in many games.
Fact is that you are unlikely to hit 120FPS consistently on any game such as Far Cry 3. I have seen 3 card setups not getting passed 90fps.
The only way you will get 120fps is that you cut down the settings.
This still doesnt explain how your going to deal with the insane screen tearing. Imagine the screen tearing on 3 monitors all at once lol.