Looks absolutely incredible. I can't wait for 2012 when that game drops, looks like a nice step forward for the Bioshock series.
And people should have started recognizing games as an art form at least 3 years ago. Bioshock proved that 3 years ago and did it again with Bioshock 2 earlier this year. You also have games like the Mass Effect and Uncharted series that bring cinema quality style to gaming. People who continue to choose to ignore video games as a form of art are just ignorant.