I wonder if their trailer is going to look "next gen" or not, like BF4.
I'm not expecting BF4, but I think it will look better than people expect. CoD2 really benefited from being a 360 game, and while neither it nor any of the other games looked amazing at launch -- CoD2 looked better than the original on Xbox.
I remember being impressed just by the faces in CoD2, as they did look better than what I was used to. This might not look as good as BF4 but I do suspect it will look better than past CoD games, because they saw the benefit of having even slightly improved graphics in CoD2. Plus, Microsoft advertises for CoD a ton, and they surely won't want CoD commercials to reflect badly on their new console. I think Activision knows they have to have a little extra effort put into this one.