Answering your question, I think is still profitable, but you have to consider some things, to me the most important thing is to see the most perfect time to buy the GPU, for me is august for Radeon always sell their products at a low price for introduction, so it will be easier to recovery your investment in short time. For example, the best GPU when Radeon tries to enter the market their price is 40% lower than the rest of the year thanks to the speculators. On the other hand, NVIDIA says theirs profits are going to decrease for they do not expect people buy GPU for mining like the others years. So whe can expect a decrease in the GPU price.
Second, I think is important to find out a coin that can give good profits, right now I am mining Haven and I feel very comfortable with the returns. But perhaps is for the market manipulation this coin suffers at the beginning of the month.
However, I see this year is going to be a good one for GPU mining, for me is still profitable.
that's awesome to hear I had some influence on your first rig
I like your positive attitude and agree with you that there are still very many good projects to GPU mine