The screenshots himself look good to me, although nothing brilliant. However that's kind of what I expected as, first, it is being developed for consoles, and second, full dynamic lighting should not show the extent of its awesomeness through static images.
Also, one important thing these screenies remind of is whether the game will be set in real locations. Will it? I want to chase a target in front of Fontana di Trevi amidst the tourist crowd, for example.
P.S. McSneakers wears his watch like an idiot. Fix it!