HoloDust said:
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1) The ESRAM is to make up for the 60% slower RAM. Even then it is still not as fast (Theoretically) as GDDR5. Slightly more cores, much worse RAM, and 20% slower clock (800MHz vs 1000MHz) = 7770 at best, but probably closer to a 7750.
2) The GPU in the PS4 IS stronger than a vannilla 7850 with those enhancements as well. It should easily catch up to a 7870.
3) A 7850 is already over twice as stong as a 7750, and 50% stonger than the 7770. Then the 7870 is about twice as strong as a 7770 as seen here:
http://www.techspot.com/review/661-nvidia-geforce-gtx-650-ti-boost-sli/page2.html
Anyone with a solid understanding of AMD's current GPU archetecture will tell you the same as I have (And I am an Engineer so this is kind of MY JOB). But if you don't believe me, maybe some actual developers will convince you:
http://www.gamechup.com/jonathon-blow-some-games-could-be-60fps-on-ps4-and-30fps-on-xbox-one/







