A few days ago, I questioned the announcement of CryENGINE 3 at GDC given how new CryENGINE 2 is. It is clear now that Crytek's focus has shifted to the consoles, with their new engine rendering well on the 360 and PS3. Don't believe me? See the video below:
From the looks of it they haven't skimped on quality by moving from PC-exclusive to console. So provided the SDK comes out for modders, this can only be a good thing as more and more companies adopt the engine provided by Crytek. Full details in their PDF release for those that like reading long spec documents.
What are your thoughts now that you have seen it?