MyCrysis announces the release of the CryENGINE 3 for developers, and in conjunction with the release, Crytek has also launched a new MyCryENGINE Website. The announcement and the new website each offer a streaming tech demo trailer showing off the new engine's features, and they promise the release of a higher quality downloadable version of the tech demo "soon." Here's a bit on the new engine's capabilities: "CryENGINE 3 also introduces CryENGINE 3 Live Create™. It allows developers to work with a single editor, but see and play the results in real-time on PC, PS3 and Xbox360, hooked up to a single dev PC. The engine takes care of the conversion and optimization of assets in real-time; enables instant, cross-platform changes to any part of game creation and as a result materially increases the speed, quality and significantly reduces the risk of multiplatform development."