We will see.... thats all im saying
Well I *hope* you are wrong. It would be a massive step backwards for gaming and GPU. Might as well scrap plans for any new games in 2012 either push them back or scale them down to take advantage of existing hardware. While you are at it sell any stock you own in AMD as no gamer is going to upgrade for no performance gain and pay another $400 for the privilege. AMD only saving grace has been strong graphic sales and if the 7xxx series is pathetically priced like that it will kill off all demand.
Actually I don't hope, I 100% know you are wrong. The 7870 won't be priced at $400 (6970 retail price). I am willing to place a bet of any amount on any bitcoin betting system against that.
Saying "We will see" is kind meaninless.
I could say "I think the 7570 will deliver 438940238 TH/s on 0.5watts and cost $1.95, we will see!"

Guys it really is damn clear how it is going to pan out.
7800 are based on VLIW4 but 28nm just like current cards so not much better at mining than current cards just more power efficient etc.
7900 are based on CGN new thing at 28nm and will be like Nvidia so not good for mining.
5870 cards are the best for bitcoin mining ! There will be no replacement for them in the future, sadly. Maybe I should stock up on some more !?