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They're pretty good. I dunno what to compare them to, the Vita? They're obviously worse, but it doesn't really matter on such a small screen. I've yet to see anything that's wowed me yet, but it's still early days yet.
The 3D effect looks good when its done right, like in OoT. Stuff like Rayman though it looks awful, there's so much ghosting I had to turn it off.