The component parts will have a MTBF yes.
At the end of the day, argue all you want. If I have a choice between a Cryto ragged GPU and one that was used for regular gaming I know which one I would choose.
If you want to sell me your crypto GPU then it better well be bloody cheap.
Saying temps is the only thing that matters and all other factors are irrelevant to the value of a card is pure balls.
I'm sure this makes crypto GPU miners sleep better at night. But consider this - Your supposed heat "temp swings" is exactly what the design brief of a GPU is built around and EXACTLY what the typical usage scenario entails, NOT static constant temperatures.
So your saying that a GPU which hits hotter temps for periods of time (they don't have to be short, a gamer could play a game for a number of hours) is better than a card which is at a lower temp all of the time? If temps aren't one of the major issues for card failure, why do most aftermarket companies produce cards with better cooling solutions?
Think we're going to have to agree to disagree on that.
If the reference cooler burns out then it can just be replaced with an aftermarket one? Also since we are on the topic on 290, bare in mind that AMD themselves designed the card to run at what, 95 degrees was it.