well each iteration has gotten more polished. the stress test was a real disaster, the leap from that to the first x360 demo was huge. Although the graphics didn't change much, just the bugginess.
Rooftop and Pier 17 are some of the ugliest maps by far and they look good. I've got to see some other ones and the shit is of the charts and that was not even highest settings. Makes promo pics look ugly. I am certain it will be the graphics pusher game on console and on PC it smokes Crysis, warhead and Crysis Wars at very high/ultra with ease. And hell much leaked footage available on the net has been run in editor where half the shit doesn't even get activated or rendered (FRAPs record viewport only so editor bars are never seen. just like with SandBox 2). It's insane how Crytek can make a game look much better in DX9 non highest setting than any other DX11 PC game at max setting. Mind f* blown.
That said 13 days left to get to play this game, can barely wait.