Or else IMG is simply lying that even "just" improved rounding support has a significant hw cost: http://blog.imgtec.com/powervr/powervr-gpu-the-mobile-architecture-for-compute
I as a layman understand under "significant" at least 10%. Now if my original estimate of at least +50% from 10.0 to 11.x should be in your book "minimal" additional area so be it.
Significant is subjective and nearly arbitrary - you shouldn't really understand it to mean anything in particular. I've hit points in optimizing software where 1-2% performance improvements are very significant to me.