Our Summary and Conclusion
Performance Summary: The Radeon HD 4770 performed very well throughout out entire battery of tests. Generally speaking, the Radeon HD 4770 offers performance a step above NVIDIA's similarly priced GeForce 9800 GT in most games and a notch behind the more expensive Radeon HD 4850 and GeForce 9800 GTX+.
There is a lot to like about the new Radeon HD 4770. With its expected street price of about $109, which will be brought down further to $99 through mail in rebates, the Radeon HD 4770 offers excellent bang for the buck. In fact, the Radeon HD 4770 offers performance in the same range as cards that were launched at the $299 - $349 price point only a year ago. That's progress. We also found the Radeon HD 4770 to be relatively quiet and found its power consumption to be quite low in comparison to other cards in its class. That means not only is the Radeon HD 4770 competitively priced right from the get go, but it's also a lower cost alternative over the long haul, thanks to its low power consumption. The 40nm RV740 GPU employed on the card should be economical for AMD to produce as well, which should make the Radeon HD 4770 a win-win for consumers and AMD alike.
In the end, the Radeon HD 4770 is one of the best buys at its expected price point currently. Performance is strong in light of competing offerings, the price is right, and the card is cheaper to operate over time than anything else in its class. Anyone in the market for a new graphics card priced around a hundred bucks should definitely consider the new AMD ATI Radeon HD 4770.
Update: It appears Radeon HD 4770 cards have already been listed at NewEgg. Unfortunately, there don't seem to be any $10 mail in rebates available with the cards, as AMD had suggested.
Update #2: Three of the four cards in stock at NewEgg are now listed with the $10 mail in rebates.