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I think I am the only person here who thinks anything more than £200 for a graphics card is insane Ideally £150 is better
Depends, some people spend a lot of money on drinking, or cars, or gambling etc.. If your main hobby is computers then even £300+ for a card that will last probably 12+ months is not that bad.
I've never spent more than £150 on a card myself, but i can easily see why some people choose to.