As a reminder that small, 17 person teams, can make a game that looks far better than anything ever seen in gaming, I present Project Offset from an independent developer named "Offset Software".
After looking at this video you'll say "Gears of What? Crysis? Killzone Who? Those are *SOOOOOOOOOOOO* last gen."
And the game itself doesn't look like just a gigantic graphicsfest. There seems to be some real substance to it. Check out Project Offset's site to learn more about the game.