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Ssliasil said:

 

Watch the background and then the Foreground of 1:15-1:30.

PS3 Version is slightly ahead of 360 version in textures and seemingly processing power (Tons of trees and vegitation on the background Island on the PS3 Version...Virtually just a grassy hill on the 360)

Dude c'mon seriously!!???

This is the exact same trailer from E3. Someone has renamed it with GDC, or the just showed the same trailer before they did the GDC presentation. This video is not the presentation. It's an old trailer. This thread is about how awesome it is and easy for devs to develop with on this engine simultaneously. Not how PS3 loads milliseconds quicker or 360 has better lighting. Leave that for another thread.