That looks totally awful. Are ID going to come up anything other than generic samey fps's in the future?
I heard ID isn't directly working on Quake IV actualy, and that they've traded it off to some other development house to work on it. But either way, yea, it does look pretty weak. Heavy ammounts of dynamic lighting can't hide the fact that the textures are pathetic, and it has possibly the lowest geometry of any next-gen (X360, PS3) game