Also Id like to add I was showing these not just to show what it does on PC but to give console gamers a preview of whats to come as well. Like I said the engine runs VERY smooth and I think it'll be fantastic on Next gen systems. This engine is SO much better than UE3 in every way. It doesn't have that "samey" look a lot of UE3 had and also has incredible fidelity.
UE4 being fantastic is good news for everyone