MA are a small company so they have to be quite selective on their priorities. We don't know all that is on their development list (e.g. CLD system - we knew nothing of it until the day we saw it), we know of some systems that are still missing and often are critical. However, if we knew all that they know would our choices be any different? If we are sensible probably not too different and we would also have delayed some systems e.g. taming due to other more higher priority development...
Having said that when the game changed over to cryengine 2 a lot of the game was lost e.g. landmarks, differences in town designs, points of intrest like old destroyed space ships littered across the landscape. Personally I think these should be ranked higher, they give the game a character and a soul. Devoid of any "specialities" like this we just have a cold sterile landscape which does nothing for our imagination. They probably left things like this out because they simply didn't have the time or manpower to do it all. At the time it was critical for them to ship cryengine 2 version out as quick as possible because it had allready been delayed long enough. They probably never had time to go back over things like that again due to other higher priority development work...
With Cryengine 2 version sure we got better graphics but in my opinion no where near as good as cryengine 2 can deliver. Why is that? I'm not too sure, since the game is installed client side i.e. on our computers surely they could have made better textures and models? Again probably didn't have the manpower to do a more thorough job. Probably more to it than that as well, since other PP are also of a similar nature.
Now for the funny part
Kim recently posted on forum of the new graphics they are working on and what did us players do? jump on him and nearly "ate" him alive. The poor chap had to close the thread or something if I remember correctly it was about new graphics in the South West of Eudoria, where some instances would be based. He'd mentioned they were working on newer textures etc, even posted pics like this:
He's also mentioned about an avatar update. So all in all perhaps they are allready working on cryengine 3 conversion? Probably not, most likely they are updating the graphic textures, models etc. Perhaps they updated some part of cryengine 2 that allows them to do that? don't know but hopefully we'll see the fruits of their labour soon in aug - oct update.