It claims to be rendered internally in high precision, may be it is supersampled, and it claims to have a new technology to significantly shorten the load time
Japanese news link
Excite translated SEGA AM2 VF4 EVO page
Small screenshots
http://sega.jp/ps2/vf4evo/screen_1.jpg
http://sega.jp/ps2/vf4evo/screen_2.jpg
http://sega.jp/ps2/vf4evo/screen_3.jpg
http://sega.jp/ps2/vf4evo/screen_4.jpg
The controller
Japanese news link
Excite translated SEGA AM2 VF4 EVO page
Small screenshots
http://sega.jp/ps2/vf4evo/screen_1.jpg
http://sega.jp/ps2/vf4evo/screen_2.jpg
http://sega.jp/ps2/vf4evo/screen_3.jpg
http://sega.jp/ps2/vf4evo/screen_4.jpg
The controller
