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I've been reading about the new UnrealEngine3 and, although it sounds pretty damn impressive, what has it got the Source hasn't? I'm just wondering because UE3 is still a year or two away, yet from what I've been able to find it doesn't appear to be a great advance over Source. Does anyone know more about it? Are there any other next-gen engines in late development?
BTW, if this has been discussed before, a link would be great. Cheers!