I watched the movie and i'm also impressed.
If you played Gears of War on the XBOX360 like i did, you will notice that the quality is almost the same.

This shouldn't be a 3dgs vs. Torque thread IMO. I always hear "3dgs can also do such stuff" but i never saw someone showing me a proof for this. How should people believe that it can look like this?
Even if it does, you always have to sum up the time and work you put into such a project/graphic/whatever. Some engine are just easier to use than 3dgs while other are not, that's fact.