OK, one after another:
Humble: Your graphs look like the consumption of the WHOLE system, not just the Video card. Most test sites are mesuring consumption for the whole system. You need some special gear to directly check the video card consumption, thus not many sites do this drill.
BaldEagle: Please check some hardware review sites and compare the power consumtion of the 2 cards. You will find they are rather closely matched. This is why you have to take manufactueres recopmmendations with a grain of salt. They tend not only to be ultra cornservative, but also take some worst case scenarios into account, that are quite unlikely but may happen. For instance, there may be someone who builds an ultra hardcore cutting edge computer with the finest and most demanding compnents, but puts in a low performance video card. In that case you need a stronger PSU as compared to the same card in a low performance budget system. I mean, no one is retarded enough to actually do this, but as long as the possibillity remains, the manufacturer must take it into account.
Masherburn:
Oh please, no need to get personal. Unlike Zohan, I have facts to back my claim up. I'm very aware that he has a 450 W PSU with plenty of oompf on the 12V Rails. As for manufacturer recommendations, see above.