Hey, negative nancy, how can you say its too hyped if you never even played it? Thats not the released version, we are well aware of the goofy camera control (not being able to rotate around the cursor, only moving cursor left/right), and it should be changed. I think chrml is smart in pointing out that ppl need to remember what this means for the future of MTA (ex: deathmatch) too. You could make an entire town to battle it out in the middle of the sky complete with pickups and such easily.
I don't see how anyone cannot be amazed that MTA has hooked in GTA so well, that they can just create players, cars, and models 'on the fly', with virtually no problems. Also note how mass car changes don't bother the game, nor does TONS of models. Thats the most amazing thing I've ever seen, I can't scm code for an offline mod and get those results
As far as lag goes, no BLUE is not magical, there is lag like every other game in the world. Remember though, these videos of gameplay were done by compiling captured video from many peoples perspectives on many different connections in countries around the world!!!