From the gameplay videos released it looks a lot better to me. Espescially the environment. Even on video streams there is way more detail in little things which will make the game worthwhile. Have you seen the laptop Y-P uses in the live letters to demo game stuff on? I find it hard to believe that you would be able to run 2.0 on highest settings on Luminous engine on that thing unless Intel/AMD/NVidia are hiding something from the public and only gave it to SE.

I will wait till beta to pass judgement. Considering I play in eyefinity on my 7970, I cannot wait to try the new version on ULTRA.