Is it the 4070 or 4070Ti?
Either way it's very bold. But the performance per watt hasn't improved much. I personally don't mind because I love seeing big and bold graphics cards, and hopefully they will undervolt well like previous generations. I know everyone is worried about safety and continued usage, but it always comes down to the same thing in my opinion:
If the GPU draws too much power and you're worried about electricity prices or longevity, buy a lower power consumption model. I imagine the 7700XT is going to more modest power consumption. Even the 4060 should provide more than enough horsepower to run most games well at 1440p. To be honest, most would be fine with a 3070. We're at the stage now where, as long as you don't care a lot about RTX, a 3070 or 6700XT is more than enough for 1440p/144Hz gaming.
If you need the performance of a 3090Ti/4070, undervolt, reduce max power delivery, accept the small loss in performance and game happily knowing you have only lost 2-5% in FPS but gained way more in power draw. O
That's how I see it.
Nvidia is seemingly going all out. I'm cool with that. As long as they allow users to tweak it to suit their needs and still get a huge performance uplift from the previous generation at a price that isn't absolutely bananas, I'm down.
