At GDC 2012, Crytec showed a tech demo for Sniper: Ghost Warrior 2 which is set for release on the Xbox 360, PC and PS3 this June.
They go to great lengths to point out that this tech demo is a work in progress, but judging the quality of this so-called work in progress, it seems a little like talking to Thomas Jefferson about the Declaration of Independence only to have him say that he wasn't even finished with it. The game already looks pretty great, as per CryEngine 3 usual. I can only imagine what it will look like when it is finished.