It looks great but the outdoor lighting and simple backgrounds betray it as a last gen title. I have only played the beginning though, and I remember the last of us getting a lot better as you get further into it.
Polished is also questionable, I've had several glitches and stutters already. People in the car crash flipping back to the wrong position, animation not working when you cross a checkpoint resulting in a passport floating in mid air, mirror glitching out in photo mode. 30fps lock also does not improve self shadowing or add shadows that are missing. It's still like the original that only some items cast a shadow when you're using the torch.
So no, I wouldn't put at near the same level graphically as KZ:SF or Infamous SS. Gameplay wise it's still great, and 1080p and 60fps do make a difference. Turning is much smoother, and no more blurriness (apart from some low res textures) I didn't really care for 60 fps in fps/tps before, yet after flipping back and forth, 60 fps suits my play style much better, which is routinely checking around me, thus a lot of quick camera turns.
I also really appreciate the surround sound setup options, you can adjust speaker locations to match to your own setup.