IF you are planning on doing nvidia surround, ie 5670 x 1080 AND plan on running the games on the highest settings with AA cranked, then I'd recommend going with the 3GB models. If you are not doing this then you are fine running the standard 1.5GB models. Essentially the higher the resolution you go and the higher you turn up AA, the more video ram is used. 1.5GB+ is a good amount of vRAM for 5670 x 1080 if you don't care for or don't need AA cranked.
I'd recommend reading over Sky's review of 3GB vs 1.5GB for 5670 x 1080 if that is your planned gaming route:
The Effect of GPU Memory on Surround & Stereo 3D Performance
Here's a summary:

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That summary chart really says it all, is the average 5-10% increase in frames in the games Sky tested worth the extra 200$?