Although the Digic 4 in the X is dedicated to AE and not AF, it's not like you can have a high shooting burst without proper metering (or without locked metering)
The problem with the mk4 was both that the AF couldn't see in lower light, giving poor tracking, AND the metering couldn't find anything due to low contrast. Now that the AE can see color and the AF works in low light, it is a massive difference, and this difference will also be (almost) the same between the 5d and the X.
I have plenty of shots I saw were in focus with the mk4, but the meter couldn't meter, and therefore seeing 10 fps in real life was quite seldom for me. It slows down rate to meter, and sometimes it took forever, missing moments.
The new system in the X is waaaay beyond what I expected, and it keeps the 12 fps (even with focus and tracking priority set for 1. and 2nd picture) making it a hundred times better at speed and catching the right moments.
They also included a function in the 1d X which let's you release the trigger even if the subject isn't properly focused, shows they listen.
The 5d doesn't have the digic4 for the new AE system that is a huge help in tracking a subject, not just to prosess twice the amount of data. So the price difference may seem to be A LOT for better weathersealing and better built and faster fps, and you're right, because that is only some of what more you get. Tracking will be the main differentiator.