I will never call a product "dumb".
That's for the free market to decide. If the product is good enough, the market will bear it and people will buy it. If it isn't, people won't buy it and the makers will be forced to either reduce prices, discontinue the product, or rethink their strategy (or all of the above).
The people who want it and have the money, will just buy it.
Personally, I think you're better off waiting for the 4000 series, but for those people who need a card and want it now - or specifically saved up in wait for this card, it's here, it's $300 more than I paid for my non-Ti and it's the most powerful card on the market full stop.
I only have one problem with these new RTX cards. They are gigantic. I could care less about power consumption or heat dissipation. My only issue is they require a larger case and you'd have to rebuild your entire system to accommodate them.
Going forward, if you're building a machine, make sure you spring for a 1000W PSU
I will not buy another card this size - I demand there be a 2 slot maximum with an AIO liquid cooler.
At this price, the 3090 Kingpin is the only true competitor