The game doesn't look bad by any stretch of the imagination, but I found the trailer to be a severe disappointment. I know Jaffe covered his tracks a couple days ago, by saying that this trailer wasn't the footage he was talking about when he said it looked like a painting, but I was still expecting to be blown away.
It just looks like GOW 2.5
Obviously better looking than the PS2 version, but it just looks kind of meh-like I've seen it all before. I wish they'd shown a little more footage. Part of me expects that my disappointment stems from the fact that they showed so little gameplay, and after the trailer I was left asking 'is that it?!'
I'm still hyped for the game because the first two were awesome, but this trailer didn't really add to the excitement.