Cryengine 3: HD video shows the 3D engine in action
Crytek showed a HD trailer of the Cryengine 3 at the Games Developer Conference (GDC) in San Francisco.
Impressions of the Cryengine 2 (15)
Only recently Crytek confirmed that the Cryengine 3 is under construction and now a HD trailer of the engine has been on display at the Games Developer Conference (GDC) in San Francisco. The video is about one minute long and shows graphics effects and physics. Especially the demonstration of a waterfall is worth seeing.
The game environment that is shown bears resemblance to Crysis. Nevertheless it isn't another part of the series but it is used for demonstration purposes only. The material displayed in the video is said to be console graphics. It has already been announced by Crytek that the Cryengine 3 will be developed for all major platforms (PC, PS3 and Xbox 360).
Crytek gave the video to ign.com in the first place. In the picture gallery you can find several screenshots of the graphics realizable with the Cryengine 2.