No. Two different card types. One is PCI (the old one from years ago) and the other is PCI Express, a newer more capable card type. Not interchangeable.
I stand corrected. Dual Link refers to the type of cable, not 2 cables. <img src="http://upload.wikimedia.org/wikipedia/commons/thumb/f/fb/DVI_Connector_Types.svg/181px-DVI_Connector_Types.svg.png">
No no no. It is not just two different cables. Look at the connectors on your card. I guarantee it looks like the DVI-D single link. Simply buying DVI-D Dual link cables won't suddenly make your old card Dual Link capable.
not on a 30 incher you won't. You cannot even run its native resolution on anything but dual link DVI. VGA doesn't even go that high. No VGA card does.
if you have 1500$ to shell on a 30 inch screen you can afford a 500$ new motherboard + cpu + ram + compatible video card.
Not quite right. "Dual link" is for running 2 video cards to power 1 monitor... there is even a 3-card setup by Nvidia to run 1 monitor for extreme gaming. For multi-monitor trading, there will be no "dual link" utilized. 1 dualhead DVI video card, with appropriate resolution params, will run 2, 2560x1600, 30" monitors.