DX10 Age of Conan Screenshots
 

Looks like Oblivion's GFX has been bested, this game looks stunning:

"Even though we're in the relatively early beginnings of DirectX 10 development, things are starting to look very good. With these new screenshots and the new video, we aim to show you some of the capabilities of the DirectX 10 technology when it is used in Age of Conan.

http://ve3d.ign.com/articles/758/758284p1.html