SystemUser
Member
Took some more pics for part 2 that illustrate nice lighting on the Drake model (Gamersyde's video is still really compressed :T):
There's also something I didn't appreciate until I started taking screencaps, which is that the bullets illuminate Drake's model and the environment as they pass through. Not sure if that's something we've seen in the last generation. Looks really nice though.
Halo 3 had illumination on the larger projectiles (plasma weapons, rockets) and the grenades. I think they turned it off for Halo 4 though.