So, basically they made a long overdue decision, good for them.
But that article is a bit ridiculous, so... the last 1st party game that looked good was Gears 2, and for them it looks worse than Gears 1? What?? Did I understand what they said correctly? Forza 3 has great graphics, and nevermind the fact Gears 2 has some of the best graphics this gen across all platforms.
@Jagged: don't forget that Rare also does a lot of R&D and art for both Live and Natal. Rare has created visuals for NXE and created the Avatars. Alot of people have mentioned their game output has been lower than expected, but they have done a lot of behind the scenes stuff.