If you watch Yoshida playing it definitely looks live as his shots are all over the place.
Hopefully every game allows you to skip the menus and load right into the match/race/MP, not just KZ4.
In case anyone is wondering KZ3 let you do this on the PS3 straight from the XMB. Looks like it's system wide this time with PS4.
I'm skeptical on it booting up the game and joining a server that fast though. Seems impossible unless there is some sort of Cerny magic going on.