Deep Down - Realtime or Render?

[HoloDust]

Lafiel said:

in the presentation the jpn guy said "honjitsu wa Playstation 4 no uede jissai ugoiteru eizo o minna-san o otodoke shitai"
which literally translates to "today we want to show you footage that is running in real-time on the PS4" (the translation script had a different wording, but he definitely says the jpn equivalent of "running in real-time on PS4" in japanese)

still, I think it looks too good to be true

Yeah, that was my initial impression too - this is just target render - but now, after looking at 1080p....some things still look like it's unlikely they are real-time, but lot of them seem like they could be showing this actual leap some devs are talking about. If it's all RT, like Ono said....just amazing.