definitively looks good. but a direct graphical increase isn't even a big deal(though its clearly welcomed). the main draw to me was how great the draw distance was, as well as the physics and particle effects all going on around you, it was so much more than what you can currently get on a console. those are what really shows how much better everything can look, IMO
They look...well, they look good, but they're not, like, looking at photographs or anything. Although when PS3 first hit, some games looked like good PS2 games, so I guess graphics will get better, but meh. Even bad graphics today are still amazing graphics. I'm more curious to see if gameplay will be decent in these games, if they'll continue to water it down for the sake of graphical presentation. Y'know, set-pieces and cinematic feel and such.