Wow just re-installed the game with the new patch and started a new game.
Massive, Massive improvement from before, Game looks more like the demo we where shown now, Better shadows, Higher res textures, Better lighting, Bugs fixed and much better A.I now too, Seems they significantly increased the difficulty in the campaign.
Umbilical glass shattering at the beginning just like in demo vids too.
Downside though is they added film grain, A little too much for my liking and cant find no way to turn it down/off.
From ChrisF (GBX Community Manager) on the gearbox forums:
"Thanks for the feedback thus far, all. Will be passing it on to the team, particularly as it relates to film grain not having a toggle."