I agree with this in theory, but I think this is where I differ on a subjective level - I've accepted that I'm going to have to pay more for less whichever card I go for, if i want to upgrade. It just depends on the size of the appendage and amount of lube required
I am already spending more than I normally would. If we keep giving in more and more,soon a 60 series card(in name) will be £500+ and an entry level card verging on £400 in a generation or two. At this point FOMO has it's limits.
It's also why we see so much modern inflation - consumers also need to protect themselves too. Pay over the odds for anything and companies get the message they are not charging enough.Hence,why we have £100 AAA games with microtransactions.
But as much as really want an RX9070,I can wait for some special offer if the launch price is very high.
You seem to be working on hypotheticals that mean nothing to MSRP pricing. What if the 5070 has very limited supply and retailers scalp it to £650, but the 9070 is £500 and faster with more VRAM? Another hypothetical that means nothing.
The RT uplift on the 5090 shows similar scaling to the 4090. So RT has not been improved in Blackwell. This means the 9070/XT will be closer in RT to Nvidia than AMD have ever been.
I only care about price/performance compared to what is currently available not relative performance to an overpriced competitor. I don't look at overpriced newest Samsung phones relative to the newest Apple overpriced phones - I look at the whole market too including the previous generation. If I conclude both are overpriced I won't buy.
If it is £499.99 for an RX9070 non-XT with almost RX7900XT level performance I would buy one. It can be a basic smaller card too - I don't need bling or oversized coolers.
The problem is if this is like Vega 56 and once stock runs out on Day 1,it get's a huge price bump for new stock.
Nvidia RT performance is also as much about how Nvidia gets devs optimises for it's own hardware. AMD RDNA2/RDNA3 had weaknesses in doing RT reflections. So Nvidia pushed that in sponsored games. AMD needs to try and get around this software lock.
Also I don't play well with artificial scarcity pricing. This is a trick which has been done for a century. De Beers has done this with Diamond supply and why Diamonds cost so much!
During the Pandemic I paid RRP or below RRP for my dGPUs,CPUs and everything.
I predict £550 but with £79 worth of bundled games.
Probably more like £39 if you get it from a discount site.
Plus probably limited edition Fortnite skins!