It isnt just you. It was the first thing I noticed with the trailer. Everything had that early, launch PS3ish look to it. Very blurry textures and it just looked really bad. So, now the question becomes were they lying to us all this time, showing us Max PC settings and trying to pass them off as PS4 visuals... or is it some sort of compression issue with the video itself, making it look worse and actually is?

I love flight combat games and was amazed by the visuals they showed us in the supposed PS4 videos of gameplay. I'm not quite sure why they would release a video like this, that shows the game looking less than stellar. Especially so close to it coming out. It is a free to play title, but I imagine they still want people to download and play it and possibly buy any add-ons that are released.

I hope they clear this up as soon as possible. I, as I imagine they, want this game to be as successful as possible on the PS4, so other developers will also bring other flight combat games to it.

Only time will tell.

It's because it's not a 'new' trailer - it's a trailer for the closed PC beta, and has got to be months and months old. This trailer was released before Gaijin started developing War Thunder for PS4 ;).