If your current graphics card can run the entire game at max settings at 60+FPS there is a problem.
I have a GTX780Ti and the game runs and looks the same as it does on a GTX660.
The old graphics models were a lot better than the current graphics and the physics were orders of magnitude better.
The biggest problem i had in 1.0 with graphical lag was my hard drive load time. once i switched over to a PCIe 4x SSD, the lag went away.

Wanting to be able to play the gae at max settings should not be an achievement obtained by lowering the max settings of the game, it should always be slightly in the distance, so that you CAN upgrade to get better, not so that everyone has equally low quality.

"and the trees are all kept equal, by hatchet, axe and saw"