Yes, I believe it's safe to say that it can run Crysis.
At CES we learned that 3D displays are all the rage now. While content producers have yet to create the entertainment that we will be viewing on shiny new 3D TVs, the likes of James Cameron's Avatar and support from upcoming PlayStation 3 firmware updates will help pave the way.
Crytek this week announced that its CryENGINE 3 will support stereoscopic 3D (S-3D) and will be demonstrated at this year’s GDC expo in San Francisco on March 11 to 13.
“After the successful introduction of CryENGINE 3 at last year’s GDC, we are really excited to show the latest version of our all-in-one game development solution this year in stereoscopic 3D. Over the past few years, S-3D technology has emerged as one of the key trends both in movies and games. With CryENGINE 3, developers will have the ability to create their content in 3D on all platforms. There are basically no longer any limits to a designer’s creativity. CryENGINE 3 features many innovations to accelerate development, cut production costs and ensure teams are able to maximize their own creativity without delays,” says Carl Jones, Director of Global Business Development CryENGINE.
This will open the door for any other developer using CryENGINE 3 to introduce 3D support into its PC, Xbox 360 or PS3 game.