Going from 60 to 120fps is cool. Going from 120fps to 240fps is in the realm of diminishing returns, especially because the added latency makes it a non starter for fast paced multiplayer games.
12GB VRAM for over $500 is an absolute travesty. Even today cards with 12GB struggle in some games. 16GB is fine right now, but I'm pretty certain it's going to be an issue in a few years and is kind of insane at $1000. The amount of VRAM should really be double of what it is across the board.