It performs as expected or better for a smaller 256-bit 2GB card. At the moment it looks like the card will end up between 7950 and 7970, and given it has only 2 GB VRAM they should price it closer to 7950. Not that I think they will, most likely if it can beat 7970 in a few games it'll be $499 minimum simply because Nvidia likes their premium in the high end. And GK110 won't matter as long as it's not ready.