Those are great examples, as I think Oblivion was more consistent. If just going by the whole look of everything from even minor distances, Skyrim's great. But Oblivion had better textures on most items up close. Anyway, I've mentioned Just Cause 2 here a few times before and the graphics in that game is awesome, and it is a completely open world game. The area, in perspective, is about twice the size of Oblivion. Here are a few screenshots, of water, rocks, and distance areas and the textures are all awesome. The lighting and weather effects in this game are better than Skyrim's. Too bad the story, voice acting and plot is horrid. Had Beth used this engine, it would have been WOW! (The format is JPEG, sorry didn't want to wait for uploading the images)
[img]http://oi42.tinypic.com/2ij22d0.jpg[/img]
[img]http://oi43.tinypic.com/9k5d3t.jpg[/img]
[img]http://oi40.tinypic.com/14vsmx3.jpg[/img]
[img]http://oi43.tinypic.com/mrcjtl.jpg[/img]
[img]http://oi39.tinypic.com/2en8128.jpg[/img]