Both games will look great. Gears had the advantage graphically over R:FoM but Insomniac has a lot more experience with the PS3 now, as does Epic with the 360.
After watching Epic show Unreal 3.1, Insomniac is gonna have their hands full. I think Gears 2 is gonna blow Gears out of the water visually.
Either way, it will be interesting.

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