That's a disappointing prospect if that turns out to be true! As someone who already has a 5770, what would be the point of me even considering getting the platform? I could easily throw in a 6950 or whatever the 7000 equivalent is and never have to worry about upgrading. This is also without even bothering to consider the PS Vita/Smartphone/Tablet scene which buy 2013 will be capable of producing some pretty impressive graphics for gaming. Seriously anything less than a 6950 equivalent in terms of graphics capability is a total waste of time for them as buy the time 2013 comes around there will be numerous alternatives that could provide comparable gaming experiancs while offering more practical uses (smartphones, tablets and PCs).
The point would be that your 5770 is in a PC and this is a console not a PC, you can't compare them directly. Also Vita is less powerful than PS3 let alone this rumoured console, so I'm not sure why you're bringing it up.
You don't need a HD6950 based console (10 times as powerful as the GPU's in 360/PS3) to completely destroy the consoles and handhelds we have today and obviously the handhelds we'll have in 2013 and into the next few years.
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