http://www.youtube.com/watch?v=oYSHfY9ElzM
I've tried updating (and rolling back) video card drivers, changing quality settings, and switching resolutions, with no results. I have no problems running other recent FPS's like Duke Nukem Forever at max settings. Other than the glitches, the game runs at a great framerate even on the highest quality setting. I've installed the DX11 and highres texture pack but neither is enabled.
System Specs:
AMD Phenom II X4 830 processor @ 2.8 ghz
Nvidia GeForce GTX 285
8 GB RAM
Plenty of HDD space
Any ideas?