To my understanding this is the same kind of thing that the Escape from City 17 guys did. I suggest checking it out, and yes, its awesomeness warrants its own thread.
more like Peter Jackson’s Halo shorts, I think
I heard about this The release mentions an “all-new graphics engine,” which makes it sound like it’s more than a repurposing the technology used in 2008’s Mortal Kombat vs. DC Universe, which ran on the Unreal Engine. And provided links include vast stuff related topic.