That's nothing for a modern GPU. For example, this benchmark[1] says to expect on the order of 10-800 million tri/s. At the low end of that, you'd have a frame time of 3.427ms -- 292 fps.
The original Playstation could do 180 000 textured polygons per second[2], so it could've managed ~5 fps. Of course, you wouldn't render that many chars at its available output resolutions anyway. :)