I agree. ETH PoW mining has remained profitable because it has utility and widespread adoption of it's smart contract platform which has evolved in to multiple entire market sectors generating fees for miners. All of the other GPU minable coins have for the most part, empty blockchains and nowhere near the transaction volume of ETH. Once ETH moves to PoS, the block subsidy of those other PoW coins will be distributed to an increasing number of miners jumping in and make it unprofitable except to the miners with the lowest overhead costs.
I very much doubt we will see another POW coin that can support the amount of GPU's and replace ETH's profitability. But I also believe that the millions of GPU's that are currently mining ETH are not just going to sit idly without some project looking to tap in to that enormous computational resource. If ETH's transition to POS is successful, instead of GPU's doing meaningless POW computations to secure a network it may evolve in to a distributed, decentralized network of on-demand computing power such as with the Golem Project and Render coin.