Hazmatt, based on your specs, your CPU's likely your bottleneck for running VR in AH.
I was running my Quest 2 on an AMD 2500k and an AMD r9 380. It ran, but not politely. Just the way things worked out, I went to an AMD 3700x and was using my 380 for a while. It ran decent in VR but would chug a bit in clouds etc. Now I have a 3060Ti, and it runs well under pretty much all conditions in AH. Your 1070 is a little more powerful than my 380.
The whole thing about single clock speed is true IMO, but going from a 10 year old CPU in my case to something modern, it made an enormous difference even though the clock speed difference (3.3/3.7GHz turbo vs 3.6/4.4 for the 3700x) wasn't enormous. The memory speeds and bus speeds got faster enough that it made a big difference in all aspects.
Based on my experience, I'd expect you'd get more out of upgrading your MB/RAM/CPU than you would just doing the video card in that case.
Wiley.