What do you expect your hashrate to be with these cards? Don't you think that was a waste with ASICs on the horizon?
99 of 100 people tell me that ASIC is not a good investment and if I order now, I will not get it until Christmas.
Video cards hold value really well.
I can always sell them when ASIC does decide to come out.
So to answer your question, no, I do not think it was a waste!
I expect 375mhash per card.