Wow, the next-gen mode really is head and shoulders above the regular mode. I've been comparing modes a little tonight and was surprised at the difference. I also found that I like the looks of things better with the depth of field off although I haven't decided if I'm going to play the game like that or not. Heh, disabling it actually helped with the framerate some also but before I go that way I want to compare more areas.
Anyway, a screenshot showing a pretty big difference between the modes (next-gen versus next-gen off).
Edit: Heh, just not quite the same Lara.