When Sony announced the PS3 specs, people feared that it would mark the demise of PC gaming. The PS3's Cell processor and the nVidia GPU were both outrageously powerful, and we were all left wondering when nVidia would release a GPU faster than the one in the PS3. The answer: Today.
Kudos to them for making the PS3 obsolete before it even ships.
Meanwhile, I just bought a card two months ago like a sucker. I'll just have to look the other way and convince myself to stay satisfied with my 1280x1024 performance... even though I upgraded my entire system for less than this card costs.