Never really paid any attentioned to GRID before, but it looks friggin' awesome if that video is anything to go by. And I agree with the bit about GT:5P and the damage or therefore lack of - the amount of times I've gone full speed into a barrier or oncoming car and drove away without a single scratch is unreal. You would've though if Polyphony could put all that detail into the cars and tracks, then a little bit of time working on the damage wouldn't go amiss.
Oh, well.