Don't expect to play games that look like this anytime soon, though. While the next Xbox and/or the next PlayStation may launch by the end of 2013, Epic expects developers to stick with Unreal Engine 3 for early games in the next console generation, and then use Unreal Engine 4 for their next projects. "It makes sense to just stay with [UE3], do higher-resolution textures, increase their polygon budget, increase the number of characters on screen and things like that," said Willard.
After seeing this, we think the next generation can't get here quickly enough.
GTTV Episode 520: Epic Games - June 7, 2012 [GameTrailers TV]
Unreal Engine 4 Elemental Demo [UnrealDevelopmentKit YouTube]
Unreal Engine 4 - GT.TV Exclusive Development Walkthrough [GameTrailers YouTube]
How Unreal Engine 4 Will Change The Next Games You Play [Kotaku]
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