This is more like zen 1 IMO - they're sacrificing efficiency for the 1st gen modular design, but it has the potential to help them scale (or realize massive efficiencies) down the line. The first zen had the same issues.
If they just die shrunk and optimized RDNA 2 they would have gotten better results, for sure, but they're opting for the Zen strategy.
I definitely think it's priced ok according to the 4080 -- i don't agree with the reviews that "nvidia has to lowe price" since they do have more features and better RT performance, to me the 4080 and 7900xtx are at parity.
No, it's Bulldozer. AMD was promising higher performance than what the reviews show. I think they where hoping to improve their drivers considerably in this last month. But they didn't. Or we will have to accept that their marketing numbers where best case scenarios close to the border of being lies. Zen 1 was a new architecture that was offering tremendous IPC gains over Bulldozer(which probably was the easy part), while also incorporating a first step into chiplet design. Zen 1 was a clear jump into the future. RDNA3 is a big "What The Hell?".
Here we have an architecture that probably fails to be utilized at it's full potential. Like what we where seeing with Bulldozer. As you say, if they have shrunk RDNA2 they might where getting better results. The same was true back when Bulldozer came out. Me and others where thinking that a 32nm Phenom III with 8 cores could have been a better product than an "eight core" Bulldozer.
It would have been priced OK if it was clearly beating RTX 4080. Nvidia only has to drop RTX 4080's price by $200 and RX 7900XTX is DOA at $1000. Or release RTX 4070 Ti at $800 and see that card beating RX models in RT performance. People will go that direction.
Damn, 2 years of Nvidia monopoly and Intel coming to bite AMD from behind. At least they will be selling plenty of APUs.