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joeorc said:

no it was not:

Nothing official at all. This rumor started from speculation at Beyond3d. Where it was caught by TeamXbox 360 which then fed into other sites. On the same web site you can see other types of speculation. Also there were articles lately that even developers don't know the final RSX specs (thats why one developer was not developing a game). So again speculation and nothing offical.

even answer's.com list the PS3's GPU @550 Mhz

http://www.answers.com/topic/playstation-1

Just read the thread, it reposts a dev leak/NDA break, it's not pure speculation and I haven't even made any connection to TMB (that's not where the leak originated from) so I'm not sure why you're trying to insert it here?  

Answers.com is user maintained, it's about as definitive a source as Wikipedia or any other wiki site.  Still waiting for something, anything concrete that refutes the Game Watch story...