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Numerically, it MUST BE 800 SPUs, because the card is officially rated in excess of 1TFLOP and based on the rumoured clockspeeds the most likely value is 800SPs and 650MHz giving 1.2TFLOPS (The formula is complex).

It won't be faster than a GTX260, but it will be much cheaper. The R700 (dual RV770) WILL be faster since we know it'll be at least 1.6x faster than a 4870 and the 4870 isn't THAT far behind the GTX280.