Really impressed actually by how Killzone 2 worked out in the end, from the trailer.
Looks rather like the original cutscene, though you can tell the particle effects/characters aren't AS good.
Is it just me though, or... does the gun look pasted in on the trailer though? Look at the sides of it. Especially since its meant to be in game, yet the gun is always in the same position and looks exactly the same, even when the scenes are changing.
Also note, the guys who talk on the platform; the expression, and the way they talk spoils the look... I read one of the comments, and yes, they do look like muppets with wide opening jaws. I hope they fix that.
The one guy that annoyed me (if you watch it, you'll know who I mean), his head even goes through his armour, a couple of times...
And yeah, haha, I'll be waiting for the next gen consoles too.