SKOAR!"There has been an ongoing debate regarding the processing power of consoles to pull of a massive engine such as CryEngine which needed to be toned downed significantly for consoles to actually handle the versatility of the engine. We found a game called Metro 2033 (announced way back in 2006) that might actually showcase that the current generation console machine(s) can handle the visual quality of Crysis."
The team behind Metro 2033: The Last Refuge says that the game will be the best of the best. The game will have very good graphics. More information in the article (use the translate button)