I just tried out the Tomb Raider: Legend
Demo. It's not an outstanding game (I never thought the TombRaider games have been that great), but nice to play anyway, the puzzles with the physics are ok and Lara is looking sweet as always.
I took the screenshot above right out of the game, it was rendered in realtime. It is not using the latest 3D techniques and - as far as I can tell with my poor programmer eyes - maybe not the greatest artists created the models, but this game is now looking better in realtime than the prerendered movie sequences of the first TombRaider games.