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If anything I would say that the graphics card scene has been pretty static for the last few months, and the only really new card has been the AMD 4770, which has been reviewed by SPCR.
The reason is the imminent arrival of Windows 7, and DirectX 11 which should lead to the release of a new generation of video cards around October/November and possibly into the Spring of 2010. Like the 4770, the underlying technology will be 40nm based. The focus is likely to be on the top end, but it remains to be seen whether there will be any reasonably quiet cards among them.
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