Well, they certainly achieved shadows?!
I keed, I keed. Once I cranked up the brightness, there was some very cool stuff in this engine demo.
...Makes me jealous sometimes to see all these cool Dreamcast or N64 aftermarket projects but PS2 homebrew is fairly hard to come by. The system is extremely difficult to access, but you'd think that it's uncommon features would attract enough extreme coders to crack it and try weird experiments with the Emotion Engine. It's been happening, over the years, but painfully slowly.
In the meantime, it's a great time to still be a Dreamcast owner!