Well, actually AMD Fusion could prevent the use of an external eDRAM. If they use a much bigger L3 on die (32 to 64 mb), both GPU and CPU could acces to those data with extremely low latency and at very fast speed. Developers would be free to use it as they want (framebuffer or whatever).
But since Microsoft is probably going to launch in 2011, i can't see a custom APU solution coming so soon.
But since Microsoft is probably going to launch in 2011, i can't see a custom APU solution coming so soon.