Originally, there were almost no benefits. For a long time SLI took twice the money, twice the power, twice the headaches, and returned a net of only 10% extra performance. Now, it's been around a while and the drivers and technology is a bit better.
Generally speaking, you're getting 2 cards but not twice the GPU power. Two cards, but they both need to process the same things, they still share an I/O and other bottlenecks. One card does odd frames, the other does even, or depending on how they are set up one card does the top half of a screen and the other the bottom.
I would say you probably get (wild guess) 30% boost with SLI. From reputation, crossfire (the ATI version of SLI) seems a bit better, but overall I'd say if you can do it with a single card it's better than running 2 lesser cards. <-- that is purely my opinion, though.