"It is interesting when a review uses a GHz edition 7970 and boosted 7950, but all stock GTX GPU's, then say the AMD cards are reference GPUs. How about we not go by what AMD says it is, but use common sense and logic."
This was already explained pages earlier. Using the same "logic", 6800 Ultra, Ultra Extreme are also factory pre-overclocked 6800GT cards. GeForce 4400 and 4600 then would also be identical to GeForce 4200 other than clocks. 5900Ultra is then nothing more than a slightly overclocked 5900XT, etc. With this type of logic, we get nowhere. The difference is during most generations, NV would do a refresh (5900U to 5950U, 7800GTX to 7900GTX, 8800GTX to 9800GTX+, GTX280 to 285, etc.). This round only AMD refreshed their cards but NV did not. The 6 months refresh of HD7950/7970 is actually expected as that's what companies have done in the past. This is the first generation in a long time where NV had no refresh at all.
"Plenty of previous comments have addressed this but I get personal satisfaction in clarifying how ridiculous it looks when a company needs to re-release its flagship and SLASH its price to properly contend."
Are you a shareholder of NV or AMD? Why is this news to you that GPUs fall in price over time as faster models are released? That's how the GPU industry has always worked - faster hardware gets released and the refreshed product occupies high price level, while the 2nd best then gets a price cut. I guess you forgot NV does this too?
Nov 8, 2006 - 8800GTS 640mb $449 (http://www.anandtech.com/show/2116/17)
Oct 29, 2007 - 8800GT 512mb $249 offers faster performance than 8800GTS 640 for $200 less
http://www.anandtech.com/show/2365/3
or the more obvious example:
June 16, 2008 - GTX280 $649 (http://www.anandtech.com/show/2549)
7 months later, Jan 15, 2009 - GTX285 $399 (http://www.anandtech.com/show/2711)
Your point still doesn't matter to someone who is going to buy a new GPU this winter or this holiday season. They don't care what happened 6 months ago. As LNCPapa noted, you have to readjust your views of the market landscape as drivers changes, prices changes, new SKUs launch, new games launch that alter the performance.
Right now a new buyer in the US can pick up a $360 HD7970 1Ghz. (http://www.newegg.com/Product/Product.aspx?Item=N82E16814202008) GTX680 needs to cost $360 to make sense.
"Then the big argument was, bandwidth bandwidth!! Hmm where is the advantage at 1600p or lower? Wait, there is none."
Review 1: 9-15% faster (http://www.hardwarecanucks.com/forum/hardware-canucks-reviews/57413-amd-12-11-never-settle-driver-performance-17.html)
Review 2: 11% faster (93% vs. 84%
http://www.techpowerup.com/reviews/HIS/HD_7970_X_Turbo/28.html
The fastest overclocked GTX680 (MSI Lighthing) still loses to the fastest overclocked HD7970 (Asus Matrix P)
http://www.youtube.com/watch?v=sJaoY0-kfk8
More eye-opening, after-market HD7950 cards are only 10% slower than a GTX680 for $280-300. Shockingly, GTX680 is just 5% faster at 2560x1600 than a 950mhz HD7950:
http://www.techpowerup.com/reviews/HIS/HD_7950_X2_Boost/28.html
Plenty of GTX680s are going for $450-480 on Newegg vs. $280 925mhz HD7950s (http://www.newegg.com/Product/Product.aspx?Item=N82E16814202006)
NV's current lineup above $300 is incredibly overpriced. Not only are their cards more expensive, they are slower too.