My interpretation of the master/slave thing is that one card needs to have the hardware to shunt data to the second card and then reassemble the complete image for output, but that the second card basically just acts as normal as far as it's concerned. In other words, the driver just sends the data to the "master" card, which does the chopping up stuff and passes the stuff to be done by the "slave" along to it over the PCIe bus. The second card just treats the incoming data as it would in standalone, rendering a picture with a bunch of black squares. This is then outputted as normal (probably over DVI, I'd imagine) into the dongle-thing, which is somehow patched back into the "master" card (do all X850s have video in on the backplate? or is it going to need to be plugged into an internal port?), which, as it knows which bits were rendered by which card, can just patch the image back together and output it to the monitor.
Presumably PCIe is a requirement, which gives a legitimate reason for waiting for this long and explains why you need a PCIe card (duh) (for full duplex ability as much as anything else? not sure this would be much fun on a half-duplex bus), but otherwise the slave card doesn't have to do anything different from normal except possibly to know to cull everything in tiles it's not doing before it starts, and the master card just needs the splitting-up and reassembling hardware. In all other respects they're both acting as normal.
This would also suggest that this setup doesn't require anything special on the mobo other than two PCIe slots of the correct size (will it work in 8x? I'd assume so), as there's nothing particularly special going on (unless integrated graphics are involved?) or at the driver end, apart from just remembering to send data to the master only.
[edit] Whoa, paragraphs.