R600 totally ownZ the ground here.

Sadly that ATi still didn't resolved some nasty OGL driver bugs.
Tested under Vista 32-bit and stock Radeon HD2900XT 512MB.BTW, you should call it "Fluffy Benchmark"!

So, is this shader or texture lookup intensive code there, and how much is the branch burden, if there is any?
p.s.: anti-aliasing is absolutely redundant here -- it doesn't contribute to the IQ in any way!
p.s. #2: OMG! This thing just succeeded to shut down twice the PSU, caused by overloading of the graphics board!!