Level505 (I've never heard of them) is running a review of a pre-release sample of ATI's upcoming chip, the R600.  The R60 is ATI's answer to nVidia's N80(GTX8800) chip, which debuted only a few months ago.  ATI is expected to release the R600 on January 22, 2007.

Here's the official specs:

• 64 4-Way SIMD Unified Shaders, 128 Shader Operations/Cycle
  
• 32 TMUs, 16 ROPs
  
• 512 bit Memory Controller, full 32 bit per chip connection
  
• GDDR3 at 900 MHz clock speed (January)
• GDDR4 at 1.1 GHz clock speed (March, revised edition)
  
• Total bandwidth 115 GB/s on GDDR3
• Total bandwidth 140 GB/s on GDDR4
  
• Consumer memory support 1024 MB
• DX10 full compatibility with draft DX10.1 vendor-specific cap removal (unified programming)
• 32FP internal processing
• Hardware support for GPU clustering (any 2^n number, not limited to Dual or Quad-GPU)
  
• Hardware DVI-HDCP support (High-Bandwidth Digital Content Protection)
• Hardware Quad-DVI output support (Limited to workstation editions)
• 230W

 Here's how much data it can crunch:

• 105 Billion SOps (Shader Operations Per Second)
• 2 Billion TCps (Triangle Calculations Per Second)
• 28 GTps (Gigatexels Per Second)

 Benchmarks run on the card show it to be extremely promising.  It beats nVidia by a few percent in almost all benchmarks, and handily beats the GTX8800 in games.  Considering that the drivers are still in beta, we can expect even more performance from the card when it releases in mid January.  Stay tuned for pics to come later....

Click the link above to be taken to Level505's review. 

UPDATE: After some looking around, I've found that Level505 is only 3 days old.  I would be extremely wary of these specs, as well as the promise of pics--the site looks to be a fake.  Sorry to disappoint.