FWIW. MGR runs at a smooth 60PFS and looks great. It's strange that developers are so willing to sacrifice smooth framerates for additional detail that cannot be appreciated in any event because the game runs so terribly. But that's just one man's opinion.
The character models and cutscenes look great. The environments look like complete ass.
Notice the massive jaggies on the door on the building on the left, and basically everywhere. The textures lack any sense of depth. The windows and stuff on the buildings look like they're all one flat surface. The ending of certain textures leading into new textures is hideously apparent as well.
This one does an even better job of showing off the really bad textures.