Just a side comment, but all the PC CE2 > CE3 Console chatter is really lost in the details of hardware. The only really relevent discussion is will CE3 on the PS3 look better than CE2 on a 7800GTX PC. This would give us some insight to the theory that a closed box can outperform a PC. CE2 is very, vey scalable and checking off every feature on a brand new 2009 GPU at some ungodly resolution doesn't say much about CE2. Heck, when Crysis 2 launch games really, really suffered trying to even run it with decent features enabled.
On CE3 on the consoles if they can get their framerate up, a compelling MP mode (really, really important guys!!), and want to take the whole sandbox thing to the consoles (ala Far Cry... but offer more play modes, features, etc) they could make a huge splash. The game already looks good from a technical standpoint compared to most console games. it is all about delivering content now. But if the framerate cannot hit a stable rate that could be a big issue.
EDIT: If that is console gameplay going on behind him, well, it looks like they have done an excellent job of getting it running on the consoles.