The original SATA interface is 1.5 Gigabit. 1.2 Gigabit without the minus the overhead. Which translate to 150MB/sec as previously mentioned. If you've read the reviews, you'd see that the i-RAM's performance is nowhere as glorious as you'd expect, if you thought that it was going at 1.5GB/sec.
The i-RAM's DDR2 successor (again, unreleased as of yet), was meant to be called 'GC-RAMDISK' when it was first announced. Confusingly enough, that name is used interchangeably with the current i-RAM, which received several revisions (but retain DDR RAM).
Edit: I wonder how the ZeusIOPS perform. The Samsung SSD, as I recall reading about is a start, but not exactly putting even the Raptor to permanent retirement yet. What sort of interface does it run on though? 44x quicker than a hard drive is quite a claim, unless you put a lot of weight in access speed (where SSD would stomp even the fastest SCSI drive).