In his Storage Interface Shootout (USB 2.0 vs FireWire 400 vs FireWire 800 vs Serial ATA on the 'Late 2008' MacBook Pro) Rob-ART Morgan at BareFeats documents the improvement in USB 2.0 speed on the "Late 2008" MBP:
Up until now, every time we tested a USB 2.0 storage device on a Mac, the transfer rate was about half that of FireWire 400 even though it had a higher theoretical speed rating (480Mbit/s). Though it's still not quite as fast as FireWire 400, it's close enough to explain why Apple did away with the FW400 port on all new MacBooks and MacBook Pros.