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So are we looking at 2 launches in one year?
AFAIK GK100 was the "real" GTX680 and GK110 looks like being the GTX7xx.

Most rumours for GK110 indicate that it is roughly GK104 plu 50% more shaders and memory bandwidth.
GK104 = 1536 shaders / 256bit VRAM
GK110 = 2304 shaders / 384bit (possibly 512bit) VRAM
Given GK104's die size, it is definately not NVidia's Big Gun. GK110 will be significantly large and more powerful than GK104. Most likely it will be almost as large physically as the GTX580, holding 5-5M transistors. In between we should see a GTX690 made up of 2x GK104's (GTX680's) on a single card.