Yeah, I have been following the UE3 engine for a while now. Looks absolutely brilliant, especially the lighting affects and the physics. I mean, look at those Inverse Kinematics and the reversal of the polarization of gravity in video 3! wow. Pity that those video's sound quality is so low, I can barely understand the guy except for the odd word here and there! Yeah, defintiely looking forward to it, better break the bank and buy a new graphics card. Better yet, rob a bank!
But yes the source engine has far better textures.