From OXM. According to the article these were shown to OXM fully real-time, all in-game engine. I'll believe it when I see it myself, but hopefully it's true because this outdoes the Killzone trailer imo:
As always...you gotta be careful with just a screen shot alone. Looks good though.
I'm thinking its because you scanned those pictures in, but they dont really impress me all that much
I'm thinking it's because you must be insane :P