I think he might mean here, and if so I agree, that nVidia was so cocky considering ATI's past efforts that it considered the 9700 Pro would be a product of about GF4 Ti4600 power.
On several of ATI's past new-card releases, nVidia has released a "new" driver set for its current flagship product at the time (or competitive niche product)--sometimes on the same day it seemed like--which invariably bested the just-released new ATI product (at least in popular 3D benchmarks.) I've witnessed this more than once and frankly thought ill of nVidia for doing it--but business is business and competition makes it happen.
Note that this time nVidia did *exactly* the same thing. Shortly after the 9700 Pro started shipping (I can only remember approximately here), nVidia put out its traditional "ATI new-product stomping driver set"....*chuckle*...the 40.xx (beta) Detonators. I was still using my GF4 TI4600 at the time and installed them--they were so buggy that I quickly uninstalled them and reinstalled the last stable drivers, the 30.82s.
If the 9700 Pro release had been a mirror of the past the new Detonator driver set would have propelled the Ti4600 to a speed 15%-40% greater than the 9700 Pro could manage at its introduction, depending on the benchmark. Note that this particular Detonator release seemed to accomplish only one thing reasonably well, and that was to add >1K points to the Ti4600's 3D Mark xx scores....
And...I think this was nVidia's only intent when releasing these drivers (the 40.42 beta Detonators were so buggy, in fact, that it prompted Epic to mention them in its 'read.me' section for UT2K3--the demo and the game itself--and it wasn't a positive mention, but rather a warning from Epic for all nVidia users to steer clear of the 40.42 beta Detonators and drop back a set for the time being and wait for better drivers.)
So basically, at least it appears that way to me circumstantially, nVidia thought the 9700 Pro release would be "ho-hum" and "business as usual" and that it would handle the release just like it has several preceding ATI releases, and release a new driver set for its currently shipping product that propels it beyond what the brand-new ATI product can score on its introduction.
*chuckle* As everybody saw, nVidia's little scheme didn't even come close to working--this time...
And the whole thing was rather embarrassing for nVidia, I should think. That's one reason why I think the 9700 Pro product release caught nVidia by complete surprise. If nVidia had had an inkling of the true power of this product I don't think it would have bothered releasing a buggy, beta driver set just to slightly inflate some benchmark results--I think they would have known the futility of that before they tried it. I've said it before...if I was ATI I would much prefer being underestimated to being over estimated....
Much...
That makes product releases like the 9700 Pro that much sweeter, I should think.