As much as I don't want to spoil the mood, I will say this again (like I have several times before):
Vega is targetting deep learning, not gaming. It will be a considerable improvement over Polaris, but I doubt it will blow away Pascal.
AMD lacked the resources to come up with two lines of GPUs (gaming and professional) and therefore Vega gaming cards are essentially cut-down versions of the deep-learning MI-25 that have reduced HBM (due to its cost) and tiled rasterization.
All the pieces are falling into place: they finally have a competitive CPU in Naples coming up, a GPU architecture that is suited (HBCC, 2x Packed math) to computation with massive data, and accompanying software (ROCm) that not only competes favourably against CUDA, it also contains an automated migration tool that works well.
AMD gives the example of porting Caffe from CUDA with 99.6% automation - only 200 lines of code from the 55,000 total had to be modified by a code and that just took a week.
AMD is preparing a massive launch of Naples, MI-25, ROCm. This will coincide with frameworks/libraries (TensorFlow/Caffe/Torch) being released for their platform. The cost and performance will be disruptive. They're launching a major attack against CUDA in an all-out war that hopes to steal the market from NVidia's graps:
This article describes their strategy.
In terms of gaming though, I expect Vega will be competitive, but it won't be blowing away the Titan Xp/1080ti/etc...