http://www.tesnexus.com/imageshare/images/520246-1298584608.jpg
http://www.tesnexus.com/imageshare/images/1221807-1298584521.jpg
http://www.tesnexus.com/imageshare/images/1576751-1298573533.jpg
It kind of looks like Oblivion in those shots imo... (try and forget about the poor detail of some of the pictures)
So graphics-wise... meh, it looks pretty bad :confused:
Although this shot: http://pnmedia.gamespy.com/screenshots/pes/73997838.jpg
Now THAT'S what I call good-looking.
This one looks pretty natural as well: http://download3.zenimax.com/akqacms/files/tes/screenshots/Tavern01_wLegal.jpg
http://www.tesnexus.com/imageshare/images/1576751-1298573533.jpg
I don't think that looks bad, actually.
http://download3.zenimax.com/akqacms/files/tes/screenshots/Tavern01_wLegal.jpg
http://pnmedia.gamespy.com/screenshots/pes/73997838.jpg
I don't really find either of those particularly amazing as, in the first one, the mats on the floor of the tavern stand out above the floor (much like how paper did in Fallout) and the girl's hair looks awful.
In the second one, as someone pointed out, his clothing looks sharp and disgusting, and the guy's hair looks horrendous. I also think that the view distance is horrible, as you can't see grass ahead past the stuff that surrounds his feet.
Haha, sorry for the negativity. I don't think this game will look amazing, but it will still look pretty cool I think. And that's all I need. As long as it has some decent, sligtly-enhanced graphics, the game will be extraordinary. Especially if they can manage to keep the dynamic shadows in.