Check out nVidia's homepage for a sample of the graphics that it's new graphics processors are capable of. Yes, that face is entirely computer generated, and can be rendered on a PC with nVidia's products available for a grand total of under $2000. While this demonstration, of course, is constructed on optimal conditions to display pre-selected visuals for maximum 'Ooooh' effect, this will be the level of graphical detail that mainstream games will contain by 2012. Our prediction of a radical reshaping of consumer entertainment appears to be on track.
An important accomplishment of this demo is the apparent surmounting of the Uncanny Valley pitfall. More demos are needed to confirm that this obstacle has been overcome, however.