Yeah VC l;looks great but could do with some AA. Though I think some of the other Anime inspired games like Naruto and the Atelier games deserve some mention as being up their in cell shading quality as well.
Naruto Ultimate Ninja Storm is pretty cool, and looks very authentic ! My memory may fail me here but I remember seeing lots of jaggies in that game. Nonetheless, the combat and environment stay true to the manga. I like the visual a lot, exactly like an anime.
The Atelier games do look more refined and beautiful, partly due to the fine art style.
I love Valkyria's sketch + watercolor look too. Would be even better if the sketch lines are a little more dynamic.
Ni No Kuni DS has a touch-based spell book ? The PS3 version seems to be missing the book.