+Unless Nvidia breaks from prior form, their first GPU WILL be the top end behemoth GPU, so if AMD doesn't expect that until feb/mar, then they probably have plenty of time to launch the mainstream product first, and go after nvidia at the top at a later date.
+We mostly talk about the 69xx series and the 570/580's, but the reality is, that the vast majority of people won't ever buy that expensive of a GPU. AMD probably would want to grab as much market share as possible with a outstanding performance from a midrange GPU.
I agree with what you said.The spot the theoretical 7770 would fill, is also where AMD is the weakest right now. They are using a rebadged 5770 for that target. So launching the new GPU there makes sense.
Im gonna call it, the 77xx is the first in the 7xxx series to be launched
It just makes most sense to start midways and work upwards for AMD.
Also that way their 6xxx series has abit longer to sell, at top-end.