I re-watched it again, this time not on a stream, so the quality of the video and the fact it wasn't jumping any frame makes me reconsider my concerns. The game really looks amazing.
Visually, this is certainly the best I've seen from any game this gen. I'm not even sure TLoU will have a shot against it. The quality of the animations overall, but especially the facial ones are really out of this world. The story seems really good, and I must say that those 30 something minutes did get my eyes teary on a few occasion. A testament to Page's performance.
The PS3 certainly is going out with a bang.
And then... you start wondering about what crazy shit QD is gonna make for the PS4... 8D