hahaha very good question... I fear for these men's afterlives. But its not good marketing to stratify your consumer base, by making general statements like "everything has shadows", just to later recant and say "only PC versions have dynamic shadows".... most people will buy this on the console. Not a good idea.
So in saying that I assume both versions have dynamic shadowing. For some reason it is hard to make out in that screen.
Well, I mean that the article starts off by saying Oblivion was an amazing graphical experience that fully utilized the 360's power and was a work of technical genius, but then the article goes onto describe how the new engine blows the [self-censored] out of Oblivion's engine... and runs on the same, exact hardware. Either Oblivion's engine was very, very impractical and very unoptimized, hence the article lied, the new engine isn't nearly as good as they claim, hence the article lied, or Bethesda sold their souls to Mehrunes Dagon. It's the only logical conclusion.
The only thing about this article I didn't like is this:
"With all this technology at its fingertips, surely Bethesda could put players on the back of a woolly mammoth or a fire-breathing dragon, right? When we ask, for the first time during our visit Howard clams up. “We're not talking about mounts yet,” he says coyly."
To me it seems to really suggest there will be Dragon Mounts...
And Dragon Mounts are heresy.
I won't argue with dragon mounts.