A 5870 and a 5970 refresh with Higher clocks and more GRAM is ALL that AMD needs to do to counter Fermi. Unless dual Fermi is 50%+ faster than 5970 which I doubt, AMD just needs to with prices in order to keep their sales up. By the time Fermi is selling in mass, the 5K series will have great yields and better efficiency, if they decide to compete hard on Price/Performance as they did with 4k series, its good enough till 6k series is out.
Besides that, a dual Fermi being 50% faster than 5970 Refresh would also cost 100% more most likely.
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