According to the SD card people, SDXC has speed of 104MB/s (with a big B)
http://www.sdcard.org/developers/tech/sdxc, and reaching up to 300MB/s. My brand new MBP had a maximum disk speed of 34 MB/s according to xbench.
It sounds like running OS X from the SDXC card could be up to three time faster than from the internal HD?