How fast is access to atomic variables in C++

My question is how fast is access to atomic variables in C++ by using the C++0x actomic<> class? What goes down at the cache level. Say if one thread is just reading it, would it need to go down to the RAM or it can just read from the cache of the core in which it is executing? Assume the architecture is x86.

I am especially interested in knowing if a thread is just reading from it, while no other thread is writing at that time, would the penalty would be the same as for reading a normal variable. How atomic variables are accessed. Does each read implicity involves a write as well, as in compare-and-swap? Are atomic variables implemented by using compare-and-swap?