Interesting although I always kept thinking how "ugly" and blocky all that stuff looked. It also didn't really blow me away content wise and when it's about that normal map compression issue I'd rather think that something is wrong with his shader because the normal mapped material really looks extremely bad there - actually too bad in order to stay unnoticed everywhere else where compressed normal maps work perfectly whithout turning the appearance into a blocky mess. So in the end I don't think LE3 will become a serious "contender" for e.g. Unity...

BTW - is there already any pricing? The store on the website seems to be empty...