I don't know what makes a game look good anymore, I guess. I was really impressed with God of War 3, Gears of War 1, Street Fighter 4 and Resident Evil 5, this gen. Even Enslaved, Alan Wake, and Heavy Rain impressed quite a bit. On the 2D front, I liked Shank, Braid, Fancy Pants, and a few other "living cartoons".
When it came to games like Killzone 2, Killzone 3, Metal Gear Solid 4, Gears of War 2, Gears of War 3, Uncharted 2, and a few other heavy hitters, I've been let down. Maybe it's because they do certain things so well, the bad things stand out more. Maybe I'm just out of touch. With that said, I just don't see anything from that video that should prompt the responses that I've seen (video is unfocused and unclear, though). I'm getting U3 on day 1 and I love the series but I don't see what you guys are seeing!
Anyway, you guys are having fun so I'll leave.