I actually go one step further than that. My rule of thumb is:
-Ignore the min specs altogether
-Take the recommended specs, and add ~50% power/size to the cpu, gfx and RAM
-This is your new min spec for decent performance.
On max surely?
No way you need an 8800 to run it @ min.

. Unless of course they removed any kind of streaming system and just loaded everything into that over the top ammount of ram.....