let's not jump to conclusions with its RT performance, it's not really poo poo here, it is a definite improvement. As I predicted, they hit the sweet spot and addressed video encoding issues, among many other things holding it back. The 7900XT should be $799, i see no reason to buy that lower tier card unless if it's that price or lower.
I think I am relieved and satisfied, and slightly exceeded my expectations. I think running real world benchmarks, it is going to be 85%-95% close to performance with higher tier RX40 series.
They will definitely release more hardware refreshes of RDNA 3 next year which will further drive the price down of RDNA 2 cards, and 7900 series.