Just watched his 6700 XT review and he said it's fine for MSRP $479.00 if you do not care about RayTracing or Nvidia's DLSS technology, https://youtu.be/hOH_SeQVRgI?t=581
Actually... $ 530 is below the MSRP of this card, which is $ 580. You are probably confused with MSRP of 6700 XT "Reference", which is $ 480. That does not mean $ 480 is MSRP for all 6700 XT GPUs, just like only 3080 with $ 699 MSRP is Founders Edition. AIB/custom partners can set their own MSRP (because M in here is actual GPU manufacturer, not chip manufacturer), only using AMD/nVidia's pricing of Reference/FE as guideline.
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You're in trouble if it's no good. At or above msrp.