The whole Media Molecule thing didn't impress me because you can use a pressure sensitive pen and tablet with Zbrush to do profession 3D modeling that makes the Move look like a joke. It's fine for gamers who like to play with stuff like that, but it's not a revolution in 3D modeling. The animation part of it was about as basic as animation can get and often looks more awkward than a teenage giraffe with braces.
As for the whole graphics thing. There really wasn't much story in Sony's presentation. They did talk a lot about graphics so that's what people took away from the show and that's what they are talking about. I wouldn't say it's hypocrisy that people want better stories and gameplay and still want great graphics. The two aren't mutually exclusive.
