Yep. Runs at a beautiful 60 frames + high resolution (better than Galaxy). Actually, the resolution is so pretty it looks like a HD game.

@mysticwolf: it's Sky Station Galaxy 1

I'm having a blast with the game. I'm only in World 1, imagine...

I think that particular piece of music was made especially for the trailer. But I'm sure there's a song that's very similar in the game. Then again, I could be wrong, I won't be playing the game for another... 17 days.

Another thing I've been wondering... in that video, in some parts, the grass looks utterly great. Like you can see the individual blades of grass, a bit similar to the fur effect that some of the bosses have. It's particularly evident around 1:50 in the trailer (on Spaceship Mario's facial hair). However, after that trailer, I never saw the effect again in any videos or screenshots. Seems like Nintendo took it out, which would be a shame. It looked very pretty. Can anyone confirm its existence or absence? Just wondering.

Lol....  The Case of the Missing Pretty Grass. 

 We must begin searching for clues. ....Last I heard, there was talk about some 'pretty grass' over in the xbox squad thread. 

~ by the way.... this post basically has nothing to do with the question you asked XD. 

Hmmm. The plot thickens. I wonder who took it, and what they did with it. We must investigate the matter further, right away! I demand answers!

(rummages through closet) a-HA ........................ ^_^ I found my pipe and monocle. Now this mystery shall begin! 

I shall investigate the sony and xbox threads and note down any suspicious behaviour. The Pretty Grass will be FOUND! 

Oh and what's a good mystery without some hot chocolate  .... (offers hot chocolate to everybody) 

That's the spirit detective! I approve, this mystery must be solved!

I shall await your further findings whilst delicately sipping this mug of deliciously hot cocoa. Albeit in a very manly way, mind you.

The pretty grass shall be found!

Yeah it is difinitely some kind of arrangement/remix of Sky Station Galaxy thanks everyone.

I have your manly hot chocolate right here                .... XD 

Investigation update: There is a rumour that the pretty grass might be a E3 (shock face) .

( sigh, the stuff we can come up with when we're bored and waiting for a Mario game XD ) 

THIS is exactly what I was looking for. A clean version of the music directly from the E3 O9 Trailer, but without any sound effects from the trailer. Just the amazing music. I like the Sky Station 1 original theme, but this trailer version is so amazing, and plus it comes with a download link!!

HERE is the direct link to the music that is in the video above. Right Click, Save As.

Hah! I thank you, and I shall proudly and with loving care down that steamy beverage, like a real man should.

...

At E3?! *Slaps forehead* Of course! The Zelda team must've made off with it, to make their grass look prettier, it all makes sense now... But they shall not get away with it, justice must prevail, and the pretty grass must be located! This matter requires further scrutiny, the investigation must go on!

(Lol yeah I know, I want the game so bad, haha. Stupid Nintendo and their awkward localization stuff. But at least it's not as bad as in the pre-GameCube days, I remember having to wait for many months, and sometimes years for games to be brought over here.)

Right that's it, I'm off to catch some sleep, it's like way too late here already.