Sony have their developers doing some really nice work with lighting at the moment. Some of the stuff on Motorstorm looks spectacular and Studio Liverpool are also going all out to show just what can be done.

This video from threespeech shows off some of the nice effects of the sunlight streaming through the trees. It also shows a perfect 60fps framerate, great draw distance and excellent trackside furniture. As a Formula 1 fan I am extremely impressed with this recreation of Monza, site of the fastest ever Formula 1 race, a track I have seen a lot on television and in games; this video comes closest to marrying the two. Kudos Studio Liverpool.