So...has anyone seen the short (7 minutes long) film yet? If you haven't, it's a must-see. http://ps3.ign.com/articles/122/1220250p1.html There's the link. I couldn't find a youtube link, so IGN's crappy video player will have to suffice.
Anyway, after watching it, I was blown away. Keep in mind, this is NOT pre-rendered. It's REAL TIME. Crazy stuff. Also, this was done with their "first" version of the engine. They are now using version three.
Who else is psyched?