IGN has posted images of the latest Unreal Engine 3 version which is being referred to as an indicator of how the next generation of systems will look graphically. They're certainly impressive with a lot of visual detail and effects on the go though it should be noted that games rarely meet up to the standards of the tech demo's and the Unreal engine has it's history of practical shortfalls. None the less it's probably not far off.
It raises the question again about console life cycles though. Whilst I can appreciate the visuals in this engine, it doesn't wow me (I think those days are over) and doesn't represent a jump that would, for me, warrant a new console within the next few years.
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