I hope no one is surprised when the 480 is close to a GTX 970. The whole point is that it's VR-Ready for $200. Leaks show it being close to a stock 970, but it's also cheaper. Sadly it apparently requires 150W though. There were rumors that it would only require 100W. It's fantastic that a $200 card will be able to max most things out today at 1080p, including Witcher 3 and GTAV. A few years ago (hell even last gen, just look at the GTX 960) could hardly do that, usually do to lower vRAM.