The version we got to see was about one month old now (latest "stable" build) and it was already much better than what I got to see in Leipzig. This time the game seemed mostly content complete and needed only a lot of small touch-ups everywhere.
This build was running at 30 fps but sometimes it was difficult even for trained eyes like mine to be sure it wasn't 60 fps thanks to the excellent motion blur. Most visual effects were included and except for the building textures being still in low resolution (needing some streaming fixed first) it looked just great. It looked exactly like the screenshots, except it now moved very nicely.
We could not stay long but we finally got to see the photo mode, lots of options there (camera shutter, focus, sepia color, you name it) for a very cool looking final image you'll be able to save on the hard drive of the console.
The Bizarre team seemed very confident about the game being ready for launch, and it also seemed that the game running at 60fps is still very much possible.