Gearbox is currently working on this FPS, which directly continues from the movie Aliens from another group of Marines point of view, it'll be out on PC, Xbox 360 and PS3 and features 4 player coop!!! as well as normal multiplayer and single player campaign. Each marine in the squad has different abilities and skills plus weapons load out. All marines get 4 weapons, primary, secondary, grenades and pistol. I personally cannot wait, its using the Unreal Engine 3 and here are a few of the just leaked alpha shots, its due out end of this year
Aliens: Colonial Marines
and no they are not renders the UE3 lets you take a screenshot and set as much post processing as you want on it and set it to any res.