Here's my take about this as I posted it on TR:
Visiontek, like XFX and BFG with their nVidia-based products, offers a "lifetime" warranty on its ATi-based graphics cards. In the case of the nVidia products, you cannot buy a card direct from nVidia in any event, with any warranty...
These "lifetime" warranties are all offered by the AIB partners and *not* by ATi or nV direct.
Although ATi made its intention to gradually withdraw from the direct sales of its cards through retail known years ago, ATi has yet to withdraw. I would guess this is the first step in that withdrawal which, when complete, will mean that ATi just like nVidia will not be selling its products direct to the public, but only through 3rd-party AIB partners like VisionTek and Sapphire and PowerColor, etc. So, just like with nV, the ATi AIB partners will be setting their own warranties for their ATi-based products.
Even though ATi has just reduced its direct warranty, at least you can *buy* a product direct from ATi at present, which you cannot do from nVidia and have never been able to do. Seems odd to directly compare ATi's direct sales warranties to nVidia's AIB partner warranties without making mention of the fact that ATi also sells through its own AIB partners who offer warranties exactly like BFG's and XFX's.
My own PowerColor x800 XT AGP has been running splendidly since January of this year without recourse to the warranty...