trusteft: Please let us know how it is on it. :)
Well, I got it and playeda few hours. Haven't played the shit out of it yet due to my specially imported copy of Uncharted: Drake's Fortune arriving on the same day (seriously, it's impossible to find a copy of that game anywhere in Norway).
But, I played past the first few towns and got a good impression of the game.
First, the graphics are OK but nothing more. I haven't played F3 on the PS3 so I can't compare, and I'm not sure what to blame the engine for vs. what to blame the game for. However it is immediately obvious that the engine is basically the F3 engine, which again is a modified version of the Oblivion engine, which is by now severely outdated. And it shows on the big screen, even if it's rendering 720p.
The draw distance is actually huge, it might even be larger than in F3, but the details are really lacking when looking at a distance. While this is partly caused by the fact that the world is a grime desert where small bushes and straws cling to life by a thread, the overall detail and texture reduction is noticeable. Also, the antialiasing is fairly poor, leading to many obvious and rough edges. There's a bit less bloom though, which is good.
The frame rate however is high and consistent. The controls also work flawlessly, no problem managing the complex task of playing this game on hardcore (which I am) with only a standard controller.
The hardcore mode is awesome by the way. You have to take dehydration, food, and sleep into account (as well as radiation and other stuff), and any beneficial effects like healing are now an over time effect. Also ammunition has weight, which you would sort of expect it to in the first place, but unless you turn hardcore mode on you can carry 37 metric fucktons of ammunition. It's pretty realistic while not being overly punishing, and adds a LOT to the "alone in the wasteland" feel of the game. A brilliant move imo. Especially since hardcore mode and overall game difficulty are separate variables. You can play a hardcore game on the easy difficulty if you so wish.
In summary, the game is very enjoyable, the graphics are not truly next-gen. Read Dead Redemption did the whole wild wild west a lot better from a graphical standpoint. However the gameworld itself seems to be well realized. It's a desert, let's make it look like a desert. It does.
Oh, and I came upon a small detail outside the starting town which I found awesome. There's a fridge there. It's got a skeleton and a nice brown leather hat in it. Anybody take the reference?