Yep, pretty much how I understood it, and all the other tech mags are reporting the same thing. I'll stick with my 980s as well right now, I had a buyer for both of them, anticipating getting this new card - the price was lower than I expected, but the performance was as well. No go, 980 IMO is a better option for what games I'm using.
I'll be keeping my eye on the new AMD card that's coming shortly, it's supposedly trying to be a "Titan Killer". If that's the case...well, it's been a while since I used an AMD GPU, and I'll be happy to check them out again if they perform like the rumors are "leaking" out. I was very happy with my old 5770 when it was king of the hill, and the 7970 was the last card of theirs I had, at least 4 GPU upgrades since, all nVidia.
Should be an interesting year if AMD can pull its socks up and do what it's historically been capable of - competing, even winning.