I think this got lost in the crowd, (or maybe since it's not using a normal hero cam it didn't catch with the "Is this next-gen enough" chatter?,) but I think this is worth taking a look at and a nice reminder of what the viewpoint can do for a game.
(There was another PS2-era GoW brawler/ Diablo ARPG with high-end visuals announced a short while ago, I certainly could do with more of that these days.)
Loulan: The Cursed Sand is an action RPG set along the ancient Silk Road in the Western Regions of China. You play as the Cursed Sand, a skeletal warrior wielding the power of sand to explore the lost kingdom of Loulan, battle mighty foes, and seek your beloved princess.