In general there is little benefit to using a high speed card in the Axim, the benefit comes when you are putting a lot of large files onto it using a card-reader on your PC. Though from what I've seen in benchmarks done by myself and others the Axim can make use of speeds up to 1MB/s for writing.
There are benchmarks in the
Storage Card Forum
also
http://www.aximsite.com/boards/showt...=SD+Card+Speed
If you get the card, get a demo copy of Pocket Mechanic, as it will allow you to adjust the formatting of the card and then benchmark it. I've found both my 1GB CF and 4GB SD likes 16K clusters, though the SD is FAT32 the speed is about the same.