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I know the link has been posted that debunks this whole topic, but here's the actual quote for those who haven't seen it yet:

The game is “easily on a par [with Xbox 360 and PlayStation 3 versions],” says Lycett. “We’re still very much getting to grips with what we can make the hardware do [...]. So it’s hard to really answer that right now, but yeah, I think once we’ve had a bit more time finding our way around it, chances are you can look to do things that you may not be able to do before.”

EuroGamer just took IGN's story and twisted its words, which is unfortunate. Spurge, you might want to change the title to more accurately portray the situation.