Here's a first look at the next generation of video games - Gainesville Classic Game | Examiner.com: "What we have here is a little project showed off just last night (12/9) at the 2012 Game Developer's Session by Czech gaming company Warhorse Studios. The demonstration isn't in English and it's not the best quality video (why someone didn't think to screengrab the entire thing is beyond me) but it's easy to see just how technology such as this could benefit the gaming scene as a whole when PC rigs become even more powerful and the inevitable and likely insurmountable (at least for the first couple years after launch) PS4 and new Xbox are released.
The game is running on a modified version of CryEngine 3 and is described as "historical RPG" and by the looks of things is striving for the utmost in terms of realism. If I had to throw in my two cents, I'd say we're looking at a Witcher 2 type deal without much in terms of monsters. . . ."