According to thre AXI4 specification: http://www.gstitt.ece.ufl.edu/courses/fall15/eel4720_5721/labs/refs/AXI4_specification.pdf page A3-36 & A3-37, "On master and slave interfaces there must be no combinatorial paths between input and output signals." Current implementation boosts performanced by violating that requirement. It is to be investigated whether we can comply to requirement to register all output signals without loosing clock cycles.
This bug is resolved in the newest version of the AXI-Lite to Wishbone bridge, released yesterday. The AXI-Lite to IPbus is not fixed yet.
The AX-Lite to IPbus bridge has been reworked similarly to the Wishbone bridge. I consider the issue closed.