I said it too . Im not comparing to CryEngine 2. I know it looks better

but Crysis 2 is not a bad looking game at all compared to other titles.
That's not really the point, the point is that CryEngine 3 was supposed to be a step up, not a step down. However since Consoles are involved now all the graphics are subpar, the AI is just plain dumb, the controlls have been dumbed down... ect.
*end of slightly off-topic rant*