Ok, I promise to stop with the guesstimations after this post - but CaymanX2 @40nm still sounds like a very bad idea to me: They already had to lower clocks significantly on the stock 5970 cards in order to stay within reasonable power limits - and Cypress was a 330mm2/180W GPU ...
With Cayman arguably being near the 400mm2 die-size mark as well as near to the 200W power mark, well, it's up to AMD to go with a pair of lower-clocked, HUGE, rare and expensive Caymans or a pair of high-clocked, approximately RV770 sized, high-yielding Barts.
If they were Nvidia, they'd certainly go for the brute force option - but I just expect the inventor of the sweet-spot strategy to know better than this