Really want to know how the GPU performs...Is the 295x like having a single D700 in the nMP? Would that be similar to two D300's? Rendering/Playback of 4K in FCPX?
According to Barefeats:
To drive the extra pixels, you need a more muscular GPU. Apple has provided the Radeon R9 M290X (2G) and M295X (4G) options.
Keep in mind that this is a mobile GPU. It will not provide the same performance as a desktop R9 290X or R9 295X -- both of which use the "Hawaii" chipset. The iMac mobile version uses the "Tonga/Amethyst" chipset comparable to the desktop version of the R9 275. However, expect the M295X to run OpenGL intensive apps faster than the GTX 780M in the best non-Retina iMac and equal to a single FirePro D700 in the 'late 2013' Mac Pro.
http://barefeats.com/imac2014b.html
However, an R9 280X seems equivalent to a single D700 (i know because i'm about to buy one for my cMP), not a 275X... however i assume BareFeats know best! Maybe they were just talking about OpenGL performance.
Cheers
Ed