Their keeping it in first person during the suit parts, but it is possible they will allow for optional third person modes during scenes without the suit. I don't mind being out of the suit to blend in with the crowd in city where you're collecting a bounty. It fits more with Metroid than pinball or a death match game that seems to have not recieved the best impressions at E3.
The E3 vid was done on modified Cube hardware even though Reggie claimed it was on REV hardware at the show.
The E3 clip confirms co-op which means that other humanoid characters may be able to wear Samus' vaious other suits. Or there could be other aliens with their own suits, ships, and technologies (visors/weapons).
I can't wait to see what the ship looks like on the inside.
I have faith they will use the new lighting engines to create new levels of atmosphere and ambience. The GameCube can already do awesome polygons, so any system three times its power will have no problems with expansive environments with lots of characters at a smooth framerate. They talked about detail too, which makes me think of the bugs flying around in MP2, the way the visor will fog up, and cube mapping. I don't care what Capcom says about temperature; a regular tv will get the job done. If I watch Laurence of Arabia on my nineties tv does it make it look any less real? They're real actors! End of argument. Resolution is nothing but that, resolution; it doesn't make graphics look any better. If anything it will show more imperfections. With that said I wish REV at least supported wide screen. I don't care about progressive scan or interlace; its all jargon about resolution standards or the absence there of which is why it hasn't been adopted as quickly as the "annalysts" who are recieving payolla predicted. I can't believe these giant publishers are bowing down before the hype machines.
The greatest news here is that they will use the new controller's features. I would predict that includes at least a gyro and a trackball which means free aiming similar to the Hunters game but with analog control.