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The merger had nothing to do with it. This chip has been in development for years (if I'm not mistaken it started with the xbox 360's xenos). The 3 month delay was because because of manufacturing problems. I going to quote something kyle said in the review thread.
I have reason to believe this is true simply because the HD 2900 overclocks so well.
If I had to take a guess the XTX will not be released until Crysis hits the shelves and even then I doubt AMD will figure out what has been plaqueing this card.
The R600 in all purposes was a victim of merger between two companies and a chip that was perhaps too audacious.