The GTX 770 has 1750Mhz rated vRam. see here the new AMD GPU's will get the same 1750Mhz rated vRam, nothing to do with it being 2GB vs 3GB 256Bit vs 384Bit.
Only up to a point, 2Gb vs 3GB is not going to make any difference in the same way it makes no difference in 2GB to 4GB on the System memory.
Your using an analogy and applying it in extremes that simply don't exist.
The proof is in the pudding, the HD 700 overclocks better than the GTX 600 despite the HD 7000 series having more vRam and a wider bus.
Please explain to me why the 4GB 680 (Palit Jetstream) comes away with LESS fps than the 2GB (Palit Jetstream)?
http://www.guru3d.com/articles-pages/palit-geforce-gtx-680-4gb-jetstream-review,24.html
You clearly seem confused and even if it was only 0.0000001% slower, it would still be because the amount of memory modules is putting more heat into the GPU and this in turn lowers clocks.
If the 7970 had 1.5GB of VRAM, it would overclock higher than the 3GB in the majority of cases (GPU quality dependant of course) and if everything being equal, the 1.5GB would win every time.
