I got it today. It's a brilliant game, and quite a remarkable improvement over it's predecessors, considering Pandora Tommoro's almost unchanged state from the original. The graphics are amazing. Ubisoft are really tapping the Xbox's graphical might, here. Bump mapping is used extensively, and brilliantly. Out in the rain? If you are, take a look at Sam- he's soaking wet. The rubber of his sneaking suit glistens with water running down it. As does his skin and weapons. Same goes for NPCs and the surroundings. Genius. Everything is modeled superbly, and there is some amazing terxture work. The lighting work is pure gold. All in all, some of the best graphics I've seen on a console to date, all running at 30fps, in full screen.
Just thought it was worth mentioning. The game is pretty damn good. The graphics have blown me away. The visuals on display here are easily on a par with RE4. In some areas, 'Chaos Theory excells over RE4. Bump mapping, texturing and lighting, to name a few.
NOTE: If this thread becomes an RE4 Vs 'Choas Theory, or GC Vs Xbox flame war, I will kill lots of people, and eat lots of newborn babies. Capiche?[/rant]