Did you see the screenshots? The game looks great. What exactly are you looking for? A real-time raytracing engine maybe? Reflections with reflections in them? Seriously, I'm curious what you're looking for in this game to make you purchase it.
I honestly didn't think I'd see the day when someone looks a screenshot like this in disgust and won't even though the game because of "bad graphics" (and this is only the 720p screenshot...):
The counter-whiners (people who whine at people who are critical of the game they are fanboys over) need to wake up. Did we all enjoy at least one of the previous Elder Scrolls? Probably. But what was one of the main attractions of those games?
Stunning graphics for their time.
Like it or not, that is something Skyrim will be missing. Bethesda seriously needs to make up for it with ridiculous amounts of storyline and atmosphere (which I doubt after their Oblivification).