Ok, several things I gather from this
1) If this is currently at 20% completion, I'm not convinced this is coming next year. That's REALLY early and this also sounds like them branching out into new territory, which is never a fast proposition. Likely 2012 release.
2) Crytek historically is known as a company that pushes graphic technology. Its obvious from Crysis 2 that they've gotten a lot of out of the 360 (as has id with Rage). An interview that Corrine Yu (lead programmer for 343 Industries) gave several months back had her rattling on about a lot of extremely technical things in the industry. The most interesting thing (to me anyway) that she discussed was how, because of the ease of getting good results out of the 360, developers weren't pushing it like they were the PS3. She wishes more devs would do that, as she says they haven't tapped into the real power of the platform. ALL THAT SAID, I really wonder if this is an exclusive for the 360 so that Crytek's talent can get those kinds of results out of the 360's architecture.
3) We have no idea what kind of game this is going to end up being. Intriguing. Most intriguing.
