I moved for a Radeon X1800XL over a GeForce 7 series back in late 2005 (in December I believe it was) for two reasons, one being the price difference back then, and ATi's High-Quality AF which simply surprised me when I first saw test shots on known review sites, comparing images in given games with and without HQ AF, etc. I loved the IQ from ATi and I decided to go with that, and I never regretted the purchase.
It's been almost a year and a half since then, and now my system is starting to age, but it still does the job.
When I first saw nVidia's newer AF in their GeForce 8 series I was blown away by the results on paper. I looked at the screen shots comparisons between their new AF implementation and ATi X1K's HQ AF. It honestly blew me away in some situations. I have seen the GeForce 8 in action at my local store (he runs demonstration systems sometimes, not always though) and had some time to see the AF in Far Cry, AOE III, Prey, H-L 2 and CS: Source. Now I know that GeForce 8's best AF quality is indeed honoring the engineers work at nVidia, they've surpassed everything the GeForce 7 series could have ever wished to reach. Well, without exaggerations though, there were a few games where I couldn't find a single different during game-play. But games like H-L 2 and Far Cry showed the advantages clearly. I play those games at home often enough to remember how they look with my system so I knew what I was seeing, I could already compare the IQ in my head.
Now, the question is ... will R600 bring even better A-F technology/methods to the table over the already better-then-decent HQ A-F ? Will there be something like HQ AF 2 ? Or even HD AF ? I certainly hope so, because I personally could care less about AA. It's all about textures and filtering for me. If I had to chose between having to play a game with blurred textures all around and everywhere in the game, or a game where all edges are jagged, then I'd go with the jagged edges game any day. Give me a game with jagged edges but very well filtered, crisp and crystal clear textures far up to the horizon and I'll be in heaven. I would even blindly ignore the jaggies with pleasure.