They do matter, when stuck with the choice of 2 games with everything exactly the same except graphics. People are going to pick the one with better graphics unless they're a hipster.
imo FPS, resolution, screen tearing bothers me a lot. I'd rather games turn off bells and whistles like Wipeout HD to run at 60 FPS and a high resolution.
Graphics do make certain games better, for instance crysis 3 on PC is a game I'd give like a 6-6.5, but I'd give it a 7.5-8.0 because it's a spectacle. The thing with spectacles is they aren't spectacles forever. I'd get hanged for this, but the animation in uncharted makes itself a better experience. If the animation wasn't so good, I'd be much less excited to play it.







