I believe Sony or Nvidia announced RSX would be running at 550MHz with 700MHz DDR RAM, but there's been some recent talk that it's been downgraded to 500MHz with 650MHz DDR.
A lot of people have mentioned a lot of desktop video cards to compare RSX to, but they're all wrong.
RSX, assuming its original core and memory clock speeds and origins ("NV47-based"), is most like a 7800GTX-512, but with somewhat less than half the bandwidth. Of course, that's still not precise, since it doesn't account for the fact that RSX has
1) some extra texture cache,
2) half the ROPs, and
3) (probably most importantly) a tight connection to Cell and Cell's memory in a closed environment.
The fact that RSX was touted as being NV47-based may mean each pixel "pipeline" is just MADD + MUL, rather than the MADD + MADD of the G70 series (7600, 7900, etc.)