In a recent Gamescon live stream discussion, Crytek CEO Cevat Yerli discusses his plan for Crysis 3's graphics. Because the game will be put out on consoles as well as on the PC, it's a tough choice to figure out how good to make the game look versus what performance they can get out of consoles. Obviously the PC can power through much more than a console, which is where the trouble comes in.
In the live stream, Yerli said:
You can check out the live stream recording here.
Watch the CryEngine 3 tech video: