hannibal :
Wait for that power balance driver fix. After that you will be fine. They did try this with afterburner and did get well below the speks so this can and will be remedied! I did not understand a bit of those setting that They did, but it works, so it proves that this can be fixed by software upgrade.
The "software Upgrade" is like buying a 6600k and then turning off Intel Turbo Boost. There is a simple solution. Resist the urge to tell your friends that you will be the 1st one on the block to have the "latest and greatest" and what for the AIB partners to release the 8 pin cards. Buying a "reference card" has never been a good idea....
Is sitting at your PC checking e-tailer stocks worth the T & E to get the 1st release products:
a) First stepping boards / cards represent the bleeding edge; wait for the later steppings and you get a better product w/ all the big fixes, fabrication fixes, updated fan profiles, tweaked BIOSs that you don't get on the 1st stepping cards
b) Other then the EVGA SC series, you almost invariable get a PCB from on the nonf=reference cards (Gaming, Strix, G1, etc) with improved components, extra heat sinks, bigger VRM, thermal pads, improved coolers, etc.
c) Non-reference cards almost always overclock better than reference ones.
Yes, AMD does over-volt ... or better said "aggressively clocks" their cards in the box... have done so ever since the R series. That's why we have historically seen only single digit fps increases on test sites while when nVidia cards are OC'd, its well into double digits. versus double digit (up to 31+%) . But clearly overclocking the reference 480 is not an option. You can overclock the nVidia 10xx reference cards, not that it actually does anything for you as the card throttles even at stock speeds.
The 480 exceeds specs,
AMD admits this and will fix it. As with any other "power cap" scenario, performance will be impacted...
simple fix, don't get a reference card.... or do the update and take the performance hit and have a card you can't OC.
The 10xx FE (reference) cards throttle ... nothing new here ...
simple fix, don't get a reference card.
In either case, we are 2 days from the rumored release of the 1060.... or take the performance hit from the throttling (assuming that 1060 suffer from same deficiency of 1070 / 1080 ... which is not guaranteed) and again have a card you can't OC.