you are right...that's way i still have the 7970 and 7950 
Not very up to date on things, are you...
Last week my 9 7970s mined as many BTC (indirectly) as someone running a 250 GH/s ASIC.
What's even better, the difficulty of altcoins is not going up nearly as much as BTC, while the conversion rates are pretty stable. So GPUs have been creeping back up to asics, though the power issues are obviously real (imho offset by the dual use and therefore safety of GPUs)
now i'm still having the 7970 and 7950...the gpu mining is dead...
Not very up to date on things, are you...
Last week my 9 7970s mined as many BTC (indirectly) as someone running a 250 GH/s ASIC.
What's even better, the difficulty of altcoins is not going up nearly as much as BTC, while the conversion rates are pretty stable. So GPUs have been creeping back up to asics, though the power issues are obviously real (imho offset by the dual use and therefore safety of GPUs)