I think that's a very valid statement. Tahiti has a lot of additional GPGPU ballast and (due to time-to-market priority) wasn't even allowed to show its full potential yet.As discussed, we cant really compare GK104 with Tahiti, the right comparison would be with Pitcairn. And though the gap has shrunk, AMD still leads in density.
That being said: what kind of performance lead over Pitcairn would GK104 need to be regarded as "impressive"?
If those numbers posted above are correct, GK104 seems to turn out about 50% bigger and 50% more power hungry than Pitcairn. So it would have to turn out 50% faster, too?