I agree with Tekran, rails really have nothing to do with efficiency, unless the power supply is made up of two smaller power supplies(some higher wattage power supplies do this). In most cases, multi-rail power supplies have one single 12v rail which is divided up with over current protection sensors on the rails that will shut the power supply down if the current on a certain rail goes too high. As long as the current stays below the set limit, multi-rail power supplies behave exactly the same as single-rail power supplies.
Currently, some of the most efficient high-wattage power supplies on the market are the Cooler Master Ultimate / UCP power supplies. The Cooler Master UCP 900watt unit is the first high-wattage power supply to ever achive the 80 Plus silver ranking. According to 80Plus testing, it has a typical efficiency of over 88%, which is truly amazing. Even at its highest peak efficiency, the thermaltake model that Reactor89 linked never even reaches 88% efficient, while over 88% efficiency is typical for the Cooler Master.
If that's too expensive for you, the higher wattage Cooler Master Real Power Pro power supplies ( >800watts) have a very efficient design. They have >85% efficiency typical, and this has been verified by testing at JonnyGuru.com.
Also, other very high efficiency power supplies, comparable to the Cooler master UCP power supplies(or perhaps even a little more efficient), are the Enermax Revolution power supplies.