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Jiansong,

To address design optimality in general, I recommmend that you look at
optseq (as Ken Rogers mentioned) or Tor Wager's GA toolbox
      http://www.columbia.edu/cu/psychology/tor/software.htm

But, just to narrowly answer your question, on the efficiency of a
particular design, this is easy to do for a completed SPM analysis.

Just do

      % define your contrast of interest
      contrast =  ;
      load SPM
      Var = contrast'*SPM.xX.Bcov*contrast;
      E = 1/Var

Just note that efficiencies don't have absolute units and are really
only useful for comparing different designs created with the same
HRF, predictor scaling, etc.

-Tom


     -- Thomas Nichols --------------------   Department of Biostatistics
        http://www.sph.umich.edu/~nichols     University of Michigan
        [log in to unmask]                     1420 Washington Heights
     --------------------------------------   Ann Arbor, MI 48109-2029