Yeah I'd say this is definately best of 360 and easily equal to the best looking games of PS3. I wish these vids were in HD to see the true quality.

"The Graphics are the BEST of the Best, still, i doubt this game will have any where Near As Much going on Screen As uncharted 2-Killzone 2-God of war3."

In press demo Remedy showed small peek to 4. episode where Alan Wake is fighting with Barry(?) against large amount of possessed enemies in open arena. I don't know how much there is going on screen in UC2, but I guess that there will be at least close to same level of action on screen in Alan Wake as in UC2.

People say about this. But to be honest I'm dead impressed that the tornado was ingame. That was amazing physics. We have only seen the start. They always save better for later. By the time we have this we are all gonna be jaws to the floor come episode 5 for example. In the building a thriller trailer, there was a bit where AW is walking up to a dam. That was quite simply the best thing by a long way that I have ever seen. The dam is like 1 mile long, and all the individual lights along the dam at night was like woah!. 

Graphics are great. Lip syncing, not so much.

you might love it too much at times, step back a few might broaden your horizon a little, this is only a piece of hardware, not your child. this is indeed one of the best looking 360 games to date, however.

The SPUs are better at doing physics than what the 360 has to offer without suffering too much performance loss, so as far as real physics going on screen at once, PS3 would generally be better at it.

yeah i think the Lip Syncing is off because of the video not because of the game , if anyone has this video with better sync post it i'll edit the OP.

You are thinking about racing games, which is entirely different, it's not really hard to cycle 360 times a second, the important part is how accurate it is and whether or not it's called by game design, FM3's physics is far from realistic, as is GT5P, yet I've heard people comparing FM3 and GT5P saying the cars in GT5P still handles better overall as you get higher in car power. IMO though, both are shit, FM3 is not even close to having the best physics yet, it's way down on the list.