It has finally happened. After weeks of wondering and speculation, AMD has announced it will drop prices on its Radeon HD 7000 series video cards. This is a move long expected, especially since NVIDIA launched the GeForce GTX 680 at a lower price than the AMD HD 7970, but with better performance. Now, AMD will lower prices on the 7900 and 7700 series, but there was no mention of the 7800 series. The HD 7970 will drop from $549 down to $479, the HD 7950 from $449 to $399, and the HD 7770 will go from $169 to $139. The HD 7870, 7850, and 7750 were not mentioned as receiving price cuts, so those should all remain the same. AMD is also launching a "Three for Free" program, where you can get three games bundled with the purchase of a high-end card (presumably the 7970 and 7950). The three games are: DiRT Showdown, Nexuiz, and Deus Ex: Human Revolution and its The Missing Link DLC.