Originally posted by: munky
SM3 is used by games to enable higher complexity shaders than would be feasible using SM2. Thus, SM3 effects in games put an additional load on the gpu, and you need a faster video card to play the game smoothly using those effects. For example Stalker requires an SM3 card to use dynamic lighting, but if you try it on a 6600gt you're looking at fps in the single digits. Most if not all latest games will run on SM2 hardware, you just won't be able to use some of the higher shader settings.