Cryengine3 wins on graphics and player movement, Frostbite2 on Scale & Physics.
i'll post the best bf3 frag vid i've seen once it's up, it's from some fella on bf3 forums, Crytek's scope was nice in the DLC maps but lacked scale in the vanilla.
I'd say Crysis2 & Arkham City hold the current best lookin' action game ever made titles.
I hope they make warface at least as good lookin' as dx11 ultra upgrade.