I'm not sure I understand you. Evergreen doesn't have a memory limitation, but 256-bit memory bus is bandwidth limited? Can you clarify what you mean?
I'm afraid it's the "higher bus-width is better" notion that is at fault here. A GPU with a 256bit bus-width would be oversimplified restricted if the GDDR5 memory used today would had reached a peak frequency that cannot be surpassed and no other higher clocked ram would be available at the time. This is clearly not the case on Cypress and besides it's always more important how an architecture handles its raw bandwidth then how much raw bandwidth it has on paper.