Beyond3D has posted an interview with VideoLogic's David Harold, talking about their PowerVR based Neon 250, which is finally hitting store shelves. Here's an excerpt:

Q: So finally the Neon 250 is shipping. Do you think this is the right time? Do you think there will be enough room in the market for the Neon?

A: Well, it's not designed to compete with the upcoming GeForce256 based cards - we're at a different price point entirely. The product that will compete with GeForce is another one of our highlights for this year - PowerVR Series3. Yes, the delays to PowerVR Series2 suck, but we had to ship the chips to Sega and that caused a lot of delays. Is Neon 250 too late? It seems not by the level of orders we're seeing and it's certainly a great performer for GL games like the Quake series. In the meantime we're now right back on track and intend to ship future PowerVR products in a timely fashion.