Difference between 4x 5870 and 2x 5970, power consumption. Almost 200w difference, even if the 5970's core will be OC to 5870 core speed the difference is still big. If your planning 4 cards on 1 motherboard, you should consider water cooling the cards.
at the price of WC the cards, you could build another miner...
Watercooling IS NOT cost-effective.
With PCI-E extenders and DIY frame to hold everything together, no need for WC.