GF104 is much smaller than the GF100 and has 64 TMUs, 256 shader cores, 32 ROPs, a 256-bit memory bus and will supposedly take the place of the GeForce 8800GT, later known as the 9800GT and, afterwards, GTS250.
The first GF104-based graphics cards will come out in summer, probably in June. The report's exact details are that, “The new card is codenamed GF104 and it is currently taped out, works and performance looks good.”
This means that, instead of being late for ages and failing to make an appearance even after being called on stage (as it was, and is, the case with the existing GTX 400), the mainstream adapter might actually stick to the schedule.
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