@ Mondozei,
In terms of technical specs, 780 was a decent card and an awesome overclocker. What I meant is releasing first didn't mean "NV won," not like when NV released a 970 this round. 780 was priced high at $650 which meant very niche segment for sales and in hindsight it has aged very poorly. AMD undercut it by a whopping $250 with more VRAM to boot. If 780 was an AMD card with this history, it would honestly be ridiculed. Essentially in just 1.5 years since 780 launched, this level of performance could be purchased in a $300 after-market 290. That's a shocking level of depreciation and price/performance erosion.
So it is true after all that AMD/NV will be stuck at 28 nm for another year or so? Enjoy the PC gaming, folks.
Most likely true and the earlier rumours of NV and AMD going from 28nm to 14nm/16nm FinFET in 2016 seem likely. This suggests in the surface that the next major generation after this one will have a bigger leap in price/performance and absolute performance. Look at what Kepler accomplished with 680 vs. 580 and 780Ti vs. 580. 980 is already nowhere as good vs. 780Ti suggesting that GM200 will not be 2X faster than 780Ti.
NV has actually moved up roadmaps for Volta by 1 year and Pascal is hinted as on track for 2016. We don't know which 2016 Pascal parts will launch but since GM200 hasn't even launched, it's indeed possible that Big Pascal will be out around 2-2.25 years after GM200. This is in stark contrast to 3 full years it took for 780Ti to replace the 580; and if we consider 580 really a 480, it took more than 3.5 years!!!! All signs point to this 28nm being relatively short lived.
I am of the opinion though that 4K monitor pricing/adoption and onset of true next generation PC games will drive PC gaming upgrades regardless of these GPU cycles. Since a lot of gamers are still on 1920x1200 and below, older/less powerful cards are still viable for now, allowing many to hold off their upgrades well into their 3rd and even 4th year. This wasn't possible in the 90s and 2000s. Outside of "enthusiast" circles, a lot of gamers are perfectly satisfied with 660Ti/670/680/770/7870/7950/7970/R9 270X for 1080p gaming with some combination of Medium-Very High settings.
---
Some interesting news that might suggest GM200 is still ways a way from the consumer market:
EVGA preparing GTX 980 Classified K|NGP|N Edition
http://videocardz.com/54187/evga-preparing-gtx-980-classified-kingpin-edition
If you guys were NV, would you launch GM200 with KP edition sitting at $1000 as soon as possible? What do you guys think based on this leak of 980 KP --> GM200 Q1 or closer to spring/summer 2015?