meat_helmet
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From what we can see in the leaked slide, the GT206 will be based on 55nm and the GT212 on 40nm. Pending the validity of this projection chart, the GT206 is slated to replace the GTX260gtx260 around the first quarter 2009, then with the GT212 replacing the GTX280gtx280 closer to the second quarter 2009.
Source: Nvidia GT206 and GT212 Spotted in ELSA Roadmap - Tom's Hardware