For PS3, that's not really the proper setup. Just because your TV has HDMI 1.3 inputs, doesn't mean you should set it to Full. In fact, many TVs (HDMI 1.3 or not) only support RGB Limited while others support both. RGB Full is a PC standard (0-255) and Limited is the video standard (16-235).
The most important thing is to match your PS3 with your TV; if you do that, it will essentially look the same whether you have it at Limited or Full.
I have my PS3 and TV (calibrated) set to Limited (16-235) and everything looks fine. I think the reason why most PS3 captures look washed out, is because they set their capture equipment wrong.
It's Cryteks directions not mine. I would assume they know how to setup TV to make Crysis 2 look correctly/at it's best. Would be interesting to see differences if someone can do it.