Apparently you can download more RAM for the RX480: 4GB 480 can be flashed to 8GB
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So today AMD launched 16.7.1 Drivers they fix the PCI-E power consumption issues and also come with an average 3% performance boost.
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2016-07-01 update:
New info on better DX11 performance with updated drivers
A few reviewers have experienced issues with older/cheaper motherboards. See this video:
https://www.youtube.com/watch?v=rhjC_8ai7QA
This thread has more information on it, I haven't had time to read it all, but will update later with more information.
https://www.reddit.com/r/Amd/comments/4qmlep/rx_480_powergate_problem_has_a_solution/
I'm a little short on time for the next few days and won't be able to update the original post that much, but I will look through your answers and add relevant information/links as soon as I have the time!
Some release day reviews/tests:
http://www.guru3d.com/articles-pages/amd-radeon-r9-rx-480-8gb-review,1.html
http://www.gamespot.com/articles/amd-radeon-rx-480-review/1100-6441354/
http://www.anandtech.com/show/10446/the-amd-radeon-rx-480-preview
http://www.polygon.com/2016/6/29/12050526/amd-radeon-rx-480-benchmark-1080-1070
http://hexus.net/tech/reviews/graphics/93932-amd-radeon-rx-480-14nm-polaris/
https://www.youtube.com/watch?v=2GdfDCq86Gk
https://www.youtube.com/watch?v=5CJBaZ9V2Eo
Seems like the RX 480 performs along the lines of GTX 970 and R9 390 with DirectX 11. For $199 that's really nice performance for the cost, considering the prices for the 970 seem to start around $300. In DirectX 12 performance seems even better compared to the last-gen GPUs.
Here in Sweden it looks like the price is going to be quite a bit higher than $199 (around 2800 SEK, which is roughly $330), so here the performance per cost here is actually worse than the 970, so personally, I would have hoped for a bit more performance for that price. If the performance was more along the 390X / approaching 980 levels (in DirectX 11 as well), it would have been worth it even with the price over here, but for now it looks like a pass, unless they lower the prices quite a bit.
For $199 (or a bit more for the 8GB version) the card seems like a really good choice for a 1080p gaming computer on a budget.
Here are some benchmarks from a Swedish test. Green = average fps, red = lowest fps.
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