S!
I had no particular reason to go AMD, just for the fun of it. I had before 5870HD, 480GTX, 580GTX and now 6970HD. Another one is coming for CrossFire for IL-2:CoD. Really no problems with any of them except the original IL-2 issues in OpenGL that eventually got fixed by AMD.
It is true that CoD might eat up VRAM as snack, but again will Luthier optimize it even more? I am not doing any assumptions on which brand runs CoD better as the code is clearly not yet optimized and after that both brands need driver updates. So we can talk about 2 months or more before we see how it will be.
As of textures. I have not played with High, using Original. But is there any noticeable difference in them unless you really stare at something? Same applies to other options, are the changes subtle at most or really noticeable visually but performance greatly affected? In this case if a notch lower setting produces the same, or minimally different IQ, with better performance then I see no point getting a 3Gb card if the 1.5Gb is enough. Maybe in future when CoD expands and for sure the new cards pour out then taken into consideration.
Just a few thoughts