Not surprised this thread got massive lol.
TW3 is the best looking open world game yet. And I'm also glad they dropped the art style of the earlier footage. Colours are great, I wish more games used them. But yes, the game has been downgraded in a few ways. As many have pointed out, the draw distance and foliage quality have taken a big hit. A shame that this had to be done for PC as well, but hopefully the modding tools are strong enough so that those issues can be addressed.
The 35 min gameplay demo was imo the best the game has looked (even though that was when most people were first noticing the "downgrades"). I suggest people watch the uncompressed footage again. The main thing I notice is the lighting engine, especially how it interacts with foliage.
Hard to explain, but the bottom image doesn't seem to give the same impression of sunlight and how the foliage is highlighted by the sun. Shadows are also darker and don't seem to use GI (not sure if that's the correct term) like the top image.
There were other things that might have just been in my head like better DOF in conversations, better interior lighting, etc but that stuff is pretty difficult to compare until we have the game.
Even though the game still looks amazing, it's not a reason why we can't be disappointed with how CDPR have handled things. Saying things like "there were no downgrades" or "ultra settings will be a slap to the face" is really not something the fans want to hear from a company that has in the past been pretty honest. With that said, I think most of the comparisons the fans have done are fucking nonsense. Like completely idiotic. I see something like this
and I just laugh because anyone with half a brain knows that screenshot is such a poor representation of the game. Saying things like how TW3 looks worse than TW2 just makes you look like a moron. It'll be interesting to see if CDPR eventually responds to this because they do care about their image to the fans and this subject has generated so much attention.