thx for the vids... it looks ok, but it's hard to tell - videos like this always add a natural blur, which smooths out games and can make them look better than they are. so, any opinions are just guesses, really...
the HDR, shadows (except the character's shadow underwater), plants and water looked pretty sweet. having said that, i can't say that it looked "next generation" sweet. it looked like far cry with bigger textures, more colorful water and more polygons. the player models, car physics and plant physics looked... underwhelming. but, again, it's a blurry video, so we'll have to wait and see.