German terrorist group pcgames.de have managed to kill some people and grab some screens of Gothic 4: That Gothic Game That's not Being Made by the People Who Made all the Other Gothic Games:
 
<p style="padding-left: 30px;">Today, top-secret development screenshots of Arcania: Gothic emerged fourth. The images were previously unpublished and are from the tech demo from 2007. They showed even then a graphic splendor
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Presumably the game either looks a lot shinier 3 years later or this is at good as it gets.
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Spotted @ GameBanshee