This.
Every-time I re-watch the Todd Howard play through on 360 I go "oooo... ahhh" then I read completely opposite reviews on graphics.
Most people: Looks AMAZING on console.
PC Elitists: Looks AWFUL on console.
Not worried about graphics for console for those of us who aren't complete graphics hores.
Well, I'm not a graphics snob, but I definitely agree with some of the more critical points against Skyrims Graphics that are founded on the actual meaning of the word
Graphics. The Rendering technology of Skyrim is of average quality, but incredibly powerful in quanitity (Able to render everything in the world and stream details in as needed is something few engines can do). But this Quantity at the cost of quality does show.
That said, the Strength of the art far surpasses those weaknesses. Skyrim is an amazing looking game, but it's technology is rather unimpressive if we're dealing with the cold-hard facts. If you can't appriciate the art, then Skyrim probably does look terrible, and I'm sure the same is true with Fallout 3 and even Bioshock.