Good Power Supply for 100$

@OP: I think you are misunderstanding what the efficiency rating is referring to. I could be wrong.

I sent a PM to Ko888 (resident PSU guru) and he said:

At the full power draw of 550 Watts from the DC output the PSU operates at a conversion efficiency of 82% (from JonnyGURU.com's measurements during their review of the XFX550W). This means that the PSU will draw 550 Watts ÷ 82% = 670.7 Watts at its AC power plug.

The efficiency rating refers to how efficiently it draws power from the wall to achieve it's wattage. It is not referring to how much of it's rated wattage is actually being delivered.