Sounds like it. Certainly a big step above the PS3 version i have played, and above screenshots ive seen previously from 360 in terms of IQ. Gonna have to try and sort my 360 out soon me think!
Do you mean the final retail version is that worsen? Here seem pretty close: http://forum.beyond3d.com/showpost.php?p=1536371&postcount=2263
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