Despite the crappy stream quality, framerate and terrible tearing (I really hope it's just the stream, this would be unplayable), I'm awed with graphics. Lighting in the second scene when flames flicker and are reflected on everything in the room is simply amazing. I dig cinematic games and can't wait for some proper footage. That Twitch PR stunt wasn't a good idea. It does game a disservice.
We can see that the substance they use for healing (is it called Black Water?) works only for the knights and ordinary people can't be healed that way or maybe they aren't doing it for some reason (side effects?) Thermite gun is also a great idea. Thermite is actually used in military but not against humans, a really terrible and inhumane way to be injured or killed. In reality, it would burn through everything it touches and we see some surfaces don't react to it.
It's also nice to see that enemies react differently to being shot in a leg, for example. One of the guys on the balcony grabs the place he is shot at, then is shot again and falls. But it's still a game so they do dumb things like stand in the middle without cover and shoot. With more realism in graphics, situations like that will stand out more and more to players. I hope RAD still have time to improve AI. Bad AI is a widespread issue in today's games.
Now, quality footage please, Sony. Graphics whores, myself included, are waiting.