In case anyone else is considering doing this, here's what I've found so far....
I've now installed the 7890 driver on my Windows system using a dedicated TCP/IP port (different from the 7900 driver port). It is definitely possible to have both the 7900 driver and the 7890 driver installed at the same time in Windows. Printing to the 7900 hardware using the 7890 driver does work, however as I expected there are a few things which don't work.
First, when you look at your Printer Preferences for the 7890 driver, the information regarding ink levels is missing (see first picture below).
Second, the Epson Status Monitor 3 window (which opens when you send a file to the printer) reports "Attempting to connect to a different device from that specified in the driver..." and does not report the status of the ink levels, the maintenance tank, or the paper setup currently in the printer (see second image below).
The file sent to the printer DOES print, it's just that the 7890 driver (at least in Windows) is smart enough to know that the device to which the file is being sent does NOT match the driver, and therefore it cannot report any status information from the printer.
Regarding print quality of the 7890 driver vs. 7900 driver: More work to do here, but a quick test indicates that printing with the 7890 driver does bypass the Orange and Green inks completely. I need to make some new profiles and then print some test images which I can compare with earlier versions (printed using the 7900 driver) to accurately evaluate differences in gamut. But my quick tests so far show that there is a visual difference, especially in greens (no surprise), yellows (this is somewhat surprising), and slight changes in light cyan shades.
Dave