Wow. It was getting sad to see AMD falling so far behind on both the graphics and processor fronts. But never fear, AMD has opened up a can of whoop-ass (pardon my engrish) as far as I see it. Their $199 & $299 cards are whoopin' the tar outta nVidia at the bang-per-buck levels. For a great read, including a fantastic set of technical break down flow charts and some benchmarks, check out the article at Anandtech.com :
AnandTech: The Radeon HD 4850 & 4870: AMD Wins at $199 and $299
Now if AMD will just do the same with their processors...