They showed off Squadron 42 earlier this year. They're definitely spending money on stuff since it had a ton of A-List actors in the game. Graphics look amazing, everything looks so detailed... The game engine however was struggling. During the gameplay footage it constantly looked like the frame rate dropped to 15fps. They claim the game is "Feature Complete" (whatever that means in their definition...) and now is in the polishing stage. I honestly don't think their CryEngine based Engine will run well even on the latest and best hardware when (if) it finally releases unless they make massive changes to the engine...