Trust me, if it were at all possible, I would run the PCI bus slightly lower, but I run an Abit KR7A-133, which is KT266a, and as such, has no 1/5 divider. Thei highest available is 1/4. with 1/3 being the only other option. This affects the entire system, in a positive way, (as long as it remains stable), as every component is accelerated.
So far, the myth about the KT266a Epox boards having a 1/5 divider, seems to be just that, a myth.
Getting back to the original subject. There are few, if any, real world reports that I've found on otherharcore sites, anecdotal or otherwise, that show decreased productivity, and/or FPS in games, while running numerically lower Tras settings, (in systems that can handle it). I can imagine memory that is so poor as to not be able to handle it, and systems that cannot take advantage of it, but in a properly optimized system, in real world apps, nobody is showing it to be slower..........yet.
As a side note, Kingston now warantees it's PC2700 HyperX memory to run at CAS 2, Trcd , Trp 2, Tras 5 at 1t address! Seems odd doesn't it? maybe Mushkin, like OCZ has something to gain from the posting?