Let's say for the sake of the argument that AMD decides to release Vega without further enhancement at $499.99:
GeForce GTX 1080 performance + 10% on liquid cooling (no overclocking headroom)
Would you buy rather buy this or the GeForce GTX 1080 (assuming that NVIDIA doesn't change its prices)?
Explain mi25 sub 300watt passively cooled 12.5tflop card? Your doing a piss poor job of evaluating known data points.
AMD has a large disadvantage in memory bandwidth consumption which will be removed in vega with the rop cache being attached to the L2. If you look at memory OC results a 480 gets around 10% perf increase from a 12% memory OC. (2000mhz to 2250mhz). Factor this in and right now video card performance is largely alligned to TFLOPS, NV still has an advantage but it not as big as it looks when comparing stock 1060 to 480 for example.
The perfect devices to compare to your ill throughout position is the 470
D to the 1050ti. 2TF with 112gb/s mem bandwidth to 3.3 tf 224gb/s mem bandwidth. the 1050ti has 60% of the TFLOP and the 470D has an extra 40gb/s of memory bandwdith ensuring that it isn't bandwidth starved.
So does the 470D only score 10% above the 1050ti, no no it doesn't try around 35-40% faster.
So if you remove memory disadvantage it looks like NV have about a 15% performance per flop advantage over AMD.
So then how does a 12.5 Tflop card only just beat a 8.2 fltop card? Or are you saying that a gpu with:
more flexible higher "IPC" ALU execution ( better utilization)
less memory consumption (rop cache) which also lower power consumption,
lower power memory ( hbm vs gddr5) allowing more power budget for clocks
improved frontend/geometry engine
has gone backwards per flop to polaris?
Even if we assume a case of 15% perf per flop disadvantage for Vega but removal of memory bottleneck that bang on a 1080ti.