Yep, since the relative pasting the 4800's put on GT200's, ATI has done nothing but squander much of that. Now Nvidia has become faster at nearly every price level, taken back the overall crown etc. Nvidia has been very aggressive since initially with the core 216, 285, 295, as well as tons of factory overclocked models of all those. ATI has done nothing, and most ATI cards at retail continue to run stock only.
Like I say, the initial victory was all ATI's, but since then they've done nothing and become the ATI of old as usual seemingly. Conversely Nvidia was "dealt" a terrible hand this round but is maximizing it.