That because the screens that were posted were 1024x768... while the game will run at 640x480... the resolution will be TWICE as low. So you can't judge the game by screenschots wos resolution is twice as high.
So no the PS2 came
close to being maxed out long ago with games like Jak&Daxter.
It's naive to believe that there some hidden untapped power that console... cause the whole damn game industry is concentrating on the PS2 and is pouring millions into... since it has a userbase 2.5 times bigger than the competition together.
Also if you believe Silent Hill 3 will look like this... your a MORON
So a resolution which is twice as low will make blurry bad looking textures, as opposed to those screenshots so chill... enjoy the game. It's will look nearly identical to Silent Hill 2 with small enchanments...