I found the new footage (screenshots) less astonishing than the previous updates. Maybe it's the other games gaining up, or maybe they've had to simplify the models to get it running more smoothly or something. They're definitely more jagged than before, that's for sure.
All in all, it still looks great and a must-buy article.
Haven't seen any physics in action yet, does anyone know how much the GOW will feature any of those nice effects seen in the Unreal demo footages? I see a lot of debris and broken objects lying around, but I fear all of those are nailed to the floor

simplify the models? jaggies? maybe in one scene that i can remember but the rest was real sharp, i dont know if we saw the same vid on the marketplace.
if anything the models are far more detailed then in previous footage and the motion was buttery smooth. i know if a few of the older vids it was pointed out about how their physics wasnt even placed in the game yet. it should have been obvious as they keep talking about destructive cover and i may be wrong but maybe the monster busting through the house was supposed to showcase some of that destructive physics.
for a video that was entirely real time, i have yet to see a game on any system come close to that graphical quality.