So GT200b really is dead? Because I thought the launch date was August 25?
Anyway depending price, I would be really interested in a 216 SP GT260. As of now 260 trades blows with 4870 pretty evenly, but it does have a lot more VRAM and typically can be found a bit cheaper on newegg (frequently as low as $230 after MIR, versus 250 for the cheapest 4870), giving it the possible edge for me. A 216 SP for the same price would cinch it, at that point it would probably have a clear 5-10% performance edge, 896 MB RAM, run cooler etc.
But if they just end up pricing it in tweener land at $280 or something, then it's just a normal old boring case of getting what you pay for, and not compelling.
I have to think if the 216 SP GT260 is out at the same price as current 260 (big if) it would force AMD to drop the 4870 price as well. Something they should have a lot of flexibility to do.