75W from the PCI-E slot + 75W for each 6pin PCI-E connector + 150W for each 8pin PCI-E connector (that'll come with the R600s). The 8800GTX, for example, could draw up to 225W (although the TDP is 185W, and practical draws currently more in the 150-160W range, but expected to climb somewhat with the release of DX10 games that can take full advantage it).
My point was to do with the rail distribution issue that heyman was referring to. There is absolutely no need to have 450W available on any +12V rail, and it's really only high end single rail units that do. If you have two 6pin PCI-E connectors on a rail, the maximum draw on that rail is only 150W or 12.5A - nowhere near enough to overload a rail on a typical multirail PSU.
Of course, if you're putting lots of other devices on the same rail then it's possible to overload it, but that depends on the specifics of the loading situation and PSU itself, and I don't want to derail this thread by discussing it in detail. Suffice to say that won't be a problem here.