40% over a ghz edition is what is needed for Hawaii to beat titan and not simply be comparable.
Titan chips are pretty much bad gk110 chips. They usually range in the 60-74% range ASIC range and are not fully enabled. They are likely the left over parts from the pro market.
Take a fully enabled gk110 and take a better asic you could see a 50 percent performance gain over a ghz edition while pushing the chips similarly hard(a fully enabled gk110 vs tahiti xt). EVGA superclocked Gtx 780 with ACX coolers already have close to a 40% increase in performance over a 7970 ghz edition. And this is with 25% percent of gk110 cores disabled(2304 vs 2880).
Gk110 is so under-clocked its not even funny(when was the last time this big of a chip was able to top performance per watt charts). Them still using a super quiet blower fan vs an open air for such a large chip means they have a lot left in the tank.



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