Orcs and Elves dev blog at IGN.

"Most of my time lately is spent working on Rage, id Software's Id Tech 5 based game that runs on PCs, Macs, 360s, and PS3s. A modern high-end game is a really breathtaking consumer of computation and storage resources for anyone that has been around computers for any length of time. Our target platforms have at least 512 mb of ram, almost 20 gb of media storage, and many tens of gflops of computation, but the development environment involves an even more massive deployment, with a terabyte of raw data being generated before the final culling and compression is done. It is easy to be a little nonchalant about the continuous pace of improvement with computing, but I still take the time to feel a sense of awe about it all."

Full Source: IGN