I have two conflicting responses to what I am seeing here ... First, this is awesome. Just like I want to live in a world where people are paying picodollars for cloud storage[1], I also want to live in a world where a bunch of mac pro cylinders are racked up in a datacenter. Very cool. Second, this is complete silliness. I'm not going to go down the rabbithole of flops per dollar, but there is no way that you can't…
I'm not trying to lure you down the flops per dollar rabbithole... but when i was researching the mac pro before purchasing, putting together a computer with GPUs providing the same flop performance was something like 80-90% of the cost of the mac pro. the D700's are really good. This is just an anecdote based on my memory, so take with a grain of salt, but the comparison is probably not as bad as you are imagining.
Image processing doesn't require double precision, so we don't need GPUs tuned for it, which means we can use Fire Pro's and similar workstation or server grade cards.