I'm glad it's not just my copy that looks ****, tbh IMO the graphics are **** bad. I got all excited about DX11, then turned everything up to max and played...and it looked bad.
The grass fades off into the distance, which totally kills the realism for me (and yes, I turned the view option up to max). If you stand a few meters away from a tree, you can already see the lines and how horribly sketchy they look. Same goes for all the shrubbery in the game, horrible.
Compare it to something like Crysis, Mass Effect 2 or BFBC2, and the difference is just phenomenal.
Gameplay is great, but with graphics that are *close* to being good but not-there-yet, I couldn't really get into it.