2600k@4.9Ghz 1.42V | Asrock Ext 3 Gen 3 | Custom H20 | 16GB PC3 1600 | 7970@1375/1600
I think it depends. Atleast for the consumer. If nvidia and AMD performance is very similar to each other, price cuts are not a necessity. Since they perform similarly, they can be priced close to each other. Since AMD pricing is at an all time high for the company, this leaves room for very high pricing, particularly for the ultra high end. This is strictly hypothetical but if gk104 outperforms 7970 by 20% and is priced around $500 AMD would be forced to drop the price of 79xx series 100 dollars or more. The lower Nvidia pricing, the more AMD has to drop the prices of their cards. If Nvidia prices high enough of course, AMD won't have to drop prices.
Core i7 920@ 4.66ghz(H2O)
6gb OCZ platinum
4870x2 + 4890 in Trifire
2*640 WD Blacks
750GB Seagate.
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