I play in 60 fps on "standard" settings in 1920x1080. I think anything above that (in fps) is a waste of money, though I'd like to hit max settings (instead of standard), I won't rush. I'll save up for a PS4 long before I save up for a graphics card. I'll probably get a 700 series (760 or 770) by the time the 800 series become old news and are all out. Right now I have a 550 Ti.

After all, I play my PS3 on a 720 resolution TV using composite wires (so 480 res) and don't notice its crap except for small text, which looks weird (especially the lowercase I).

I'll admit I'm poor though. But I'd rather spend my money on games than on stuff I wouldn't even notice. Like buying a car vs a 2000$ extra on your car you won't even remember a year later.