My first impressions from those videos & screens?
What I like: 👍
- nice weather effects, especially those plastic textures on the wet track
- nice wheel rubber effects and dirt
- nice hand gestures, I hope you can control them too :-)
- nice visual crash effects
- amazing music selection in video diary (I already knew it from Oakenfold's Great Wall compilation and have loved it since 2005)
...and what I dislike: 👎
- unreal color saturation
- not accurate camera positions (unlike [picture below] which is much much better in terms of real and gameplay - you can see wheel's display)
- not official OSD graphics (unlike like 2006's F1CE again)
- bad hand animation of wheel turning (equal to F1CE)
- crashes do not affect performance
- sometimes reminds Wii version with it's arcade style
- too DIRTish and GRIDish
- old-gen pit stops
- what does all those slips mean?!
- GT5 is concentrated on F1 like 1% and looks much better in it's Prologue :-)
Overally? Disappointment.
Take a look at this, dear developers, and have it like a reference.
P.S.: I do not consider F1 CE too good in motion (too fast and arcade - haven't those guys developed WipeOut few years ago...? :-)), but in terms of presentation, it rocks.