yes, they are similar in performance at stock speed, but the 4890 overclocks better. Both will compare to the gtx275, and will be faster than a gtx295 if you are running two of them. Also, the 9800x2 is a little harder to find in general and will probably be more expensive, might have scaling issues in games that don't like multiple cards (especially in quad sli mode). The 4890 can be found for under $200 on newegg, so if it were me that is where I would put my money if its a choice between the two.