The CE3 runs on both consoles.

The Live Create feature means, that you can make maps on your computer and send them with LAN/W-LAN to the consoles.

Transfering maps isn´t the only feature, you can also edit the map in realtime and the changes will be transfered to the consoles! But as far as i know you´re not able to work in a team on one map.

The Editor wont be on console.

I missed the Keyboard/Mouse-Control on the PS3.

The Graphicssettings are going to modify theirself with the situation in realtime.

You´re sure going to see the graphics differences between console and computer.

The CE3 license is going to be released in Septermber 2009.

Sure there is a difference between the graphics of CE2 and CE3.

The CE3 is more then a engine, that is also avaible on the consolemarket.

Today the lovely michelle of Crytek explained me a nice graphicsfeature what was totally awesome!

When there is rain, it collects on a place and build a pool.

If they move the area, its flowing down the area.

There was a wall with 4 screens, the both on the top were the editors, and the 2 under them were the PS3 and Xbox360 versions.

The picture was in 720 - no 1080p!!!

The famous CE3 Techdemo wasn´t rendered, it was realtime. You were able to shoot in egoperspective in godmode.

The whole techdemo map was one map, splitten in areas. The areas were connected with portals and you´re going from area to area without loadingscreen.

Edit: Meh, Meh.... Mentos!^^