I have burnout 3, and think it's awesome. I played Burnout: Paradise for a bit, and the free roaming thing is a bit weird at first, since before it was more or less using the walls as guide rails when you needed to. But from what I've played, the streets are designed in a way that kind of flows naturally, not easy, but fun to play.
What I did have time to look at was the graphics; the game is stunning, visually. The crashes are pretty awesome to watch, of course, since the car bends in pretty realistic ways.
Beyond that, I couldn't tell you, but from comments I've seen on Kotaku, the game has quite a devoted fanbase.
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