i still recall that e3 2001 trailer for duke nukem forever. while i guess it's impossible to judge the state of a game from a two minute trailer, i recall it looking really, really impressive.
at one point at least 3drealms had a great looking game that i would have definitely paid money for based on that media alone. but for whatever reason, they felt they had to play ion storm's game of technology catch up for 8 fucking years.
they need not worry, their title of industry laughing stock is secure.