What is your evidence that this is a limitation and why? All evidence that I've seen (i.e. actual benchmarks) suggests that there is no speed up when moving from the current, to a newly released iteration of the fastest PCIe interface.
But hey, if you can show me benchmarks from when PCIe4 was first launched that demonstrate games at that time saw a sudden performance boost going from PCIe3 to PCIe4 then I'd be interested to see them.
Similarly, PCIe5 exists now on motherboards. Why have neither Nvidia or AMD chosen to use it in their latest, just released GPU lines if this is bottlenecking the system? Surely that would be a relatively cheap way to gain a competitive advantage if that were the case?
And even if PCIe were a bottleneck, and again, I'm curious to understand what your reasoning is for thinking this, have you considered how GPU based decompression will significantly reduce the load on PCIe?
One final point to consider, if PCIe bus bandwidth is a bottleneck in PC's, and as you claim; increasing VRAM bandwidth does not bypass that bottleneck, then why when we increase VRAM bandwidth (in line with GPU compute resources), do we see performance go up? Surely if PCIe is a true bottleneck there, then performance should not increase at all. And yet when we swap out an already very big GPU (lets say a 4080) tethered to the end of this apparent bottlenecking PCIe interface with an even bigger GPU (lets say a 4090), we see a big performance gain.