Well, give how RDNA3 is not a bad architecture, it's all a matter of price.
Outside* of the stupidity Jensen said on stage, the 5070 is going to be an ok card at ~$580, but we all really know it'll shoot up for the first weeks, or even months, to over $650 I'm sure.
AMD just needs to read the room. In the interviews, at least Mr Azor seems to be aware this is not going to be a tech challenge, but a pricing one. Or I hope they do.
All in all I don't see RDNA4 being a bad product, but it'll definitely live or die on day1 reviews based on their pricing.
Let's see how AMD fumbles the ball this time around 😀
Regards.