The chip is clocked to 450MHz core with 500MHz memory and it competes with Matrox's G550 milenium card. The card targets Dell, HP and IBM machines that don't have real PCIe 16X slots and the older chipsets such as Intel i910GL, i915PL/GL/GV, i945GZ come with PCIe x1 but without PCIe x16.
The card costs around $119.00 and supports dual-link DVI, Avivo, Shader model 3.0. It should be available by the end of July and here is how it looks.
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