This is something that I have always said, but I will say it again. Because of the way the PS2 graphic engine works, its very difficult to get graphics that look like rendered FMV, and this is because of jaggies and shimmering. Sure, character models and textures are very similar, and the games do run at 60 instead of 28, but on the whole FMV always has looked better, simply because of the smoothness and perspective camera effects.
I am certainly thinking that something like GT4 could easily top some of GT1\'s intro\'s (GT2\'s intro was actually a GT 2000 build running on two PS2\'s). Thats how that got rid of the jaggies.