CryENGINE 3 is the first development platform for Xbox 360, PlayStation 3, MMO, DX9/DX10 that also is truly Next-Gen-Ready - with scalable computation and graphics for all major upcoming platforms.
It provides the complete game engine to create AAA quality next generation games, and includes the Sandbox level editor, a production-proven, 3rd generation "What you see is what you play" (WYSIWYP) - tool designed by and for professional developers.
At GamersDigest you will find an extremely in-depth (over 3,000 words) look into the features of the engine.
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*Natural Lighting & Dynamic Soft Shadows
*Volumetric, Layer & View Distance Fogging
*Screen Space Ambient Occlusion
*Pristine Motion Blur & Depth of Field
all the hate for the engine is so sad :p
Ok, here's a question, a question so obvious it's going to be asked eventually (if not already).
Which looks better, the tech demo for CE3, or Killzone 2? KZ2 was often comapred to Crysis and Crysis usually got voted as better looking, but you did need a $2,000 machine to run it. But what about CE3?
I ask this not because of it's direct competition with KZ2, but because KZ2 is widely believed to be "impossible" on any other console. However, if an engine comes out that DOES look better and DOES run on the 360...
I'm not saying anything, I'm just proposing an interesting debate =)