Crossfire on the 7750 is done on the mobo, not through a crossfire bridge.
I wouldn't imagine a Kaveri + 2 7750's to be viable, but I think if they got Kaveri with one 7750 to perform decently, it would be a good alternative for something like a mITX build.
If a Kaveri APU is close to a 7750, adding another 7750 might get around 7870 performance. Could make for a cheaper mITX build, with a cheaper mobo vs LGA 1155
But yeah from what I've heard, the memory bandwidth on Kaveri isn't great.
HD7750 - 512SPs, 128bit GDDR5 @ 1125mhz
HD7850 - 1024SPs, 256bit GDDR5 @ 1200mhz
HD7870LE - 1536SPs, 256bit GDDR5 @ 1500mhz
HD7950 - 1792SPs, 384bit GDDR5 @ 1250mhz
HD7970 - 2048SPs, 384bit GDDR5 @ 1375mhz
^ From this we can glean that two 7750 GDDR5's in Crossfire can be expected to, with perfect scaling, perform close to a single HD7850 1GB. Three add up to approximately a single HD7870LE (Tahiti core) with a hair more memory bandwidth and half the RAM. An HD7970 is essentially four HD7750's together on one die and 3x the RAM.
The problem here is scaling of price - you can get an HD7850 1GB for $130 on Newegg right now, while Tahiti LE is priced at $230. The cheapest 7750 is $80 on Newegg, which means you get (512/80) = 6.4 stream processors per dollar, as compared to 7.9 and 6.8 with the 7850 and 7870LE respectively. Then toss in Crossfire scaling and frame pacing issues.
Some cards it makes sense to Crossfire, and some it doesn't.
Kaveri would only make sense in Crossfire if the it had 4.8ghz 128bit GDDR5 supplying its iGPU, and it were priced at no more than $50 more than an equivalent 2-module chip including RAM costs (Athlon 750K = $75 so we're looking at a $135 upper bound), and had perfect Crossfire scaling. Unfortunately, we can expect Kaveri's iGPU to perform somewhat closer to a DDR3 7750 which is only about 60% as fast on average as the GDDR5 version, which (on paper) puts dual HD7750 + Kaveri TriFire in at 90% the theoretical performance of a single HD7850 1GB.
That said, Kaveri will probably still be the best solution for anyone who can't add a discrete GPU for whatever reason.