I've said it before and I'll say it again, I don't care how big the die is, how wide the memory bus, or what kind of ram it uses. All I care about are the various performance metrics that matter to me.
But you do know that these metrics are often intertwined with the die size and memory bandwidth? That's what determines the maximum amount of shaders/TMUs/ROPs/memory controller size taken up by valuable transistors/geometry units/L2 cache, etc. While it is true that architectures do not necessarily scale linearly in performance with larger die sizes and higher memory bandwidth, generally speaking based on 780Ti vs. 680 or 980Ti vs. 980, we know that larger die chips smoke smaller die chips of the same architecture even though they may have worse perf/mm2, perf/watt and perf/transistor. At the end of the day all 3 of these metrics are less important than price/performance and absolute performance.
Some examples @ 1440P:
- 780 smashes 290 in perf/watt but as a product 780 was a failure because it cost $500-650 when 290 cost $400. Today 780 even loses to the 290.
- 960 beats 780Ti in perf/watt but 780Ti is a good card, 960 is crap.
- 980 beats 970 and 980Ti in perf/watt but it was a worse buy than either of these for most of 2015.
- Fury destroys R9 290X/390 in perf/watt but as a product, the nearly $500 Fury is a failure compared to a $280 390.
Or this one - 750Ti is 2nd best perf/watt card but is it actually a good gaming card? Nope.
https://www.techpowerup.com/reviews/ASUS/R9_380X_Strix/24.html
IMO, price/performance and absolute performance are still the most important metrics for getting a good desktop gaming card, even though marketing perf/watt is winning. The reason 980Ti dominated Fury X this gen is exactly because of that, same for GTX280/285/480/580/780Ti.
I doubt I'll be upgrading to Pascal anways. Probably hold out till 2017 / Volta / GCN 3.0. I want 2.25x GTX 980 speed in a 200 watt or less power envelope for $500 or less.
I think consumer Volta is launching only in 2018. It makes sense that Pascal is a 2 year cadence much like NV's previous architectures. I know there has been some talk about NV moving Volta to 2017 but I don't believe it.
Plus, NV's latest roadmap has Volta for 2018.
Since you want 2.25X the increase over 980 in 200W of less, I don't see any next gen cards hitting that until 2018 and beyond. That's even beyond the capabilities of a full node shrink + new architecture. Not even 560Ti -> 680 was this good, and you always want that for $500 or less. I think 2018 is more realistic for that but as you said if you are busy and have a backlog of games, no need to upgrade to play older/less demanding 2012-2015 games if your card satisfies you.