There are nearly 14 minutes of gameplay showcased in the latest gameplay trailer for Assassin's Creed IV: Black Flag. The label, gameplay prompts and end video sequence suggests that it's for the PS4, but I guess you can watch the video and see if it fits the next-gen standard of gameplay to be worthy of such a label.
First off, the framerate looks kind of shoddy but if it's running on early dev kits for the PS4 that would make sense. Graphically, the game also doesn't look too stunning as a next-gen title but at the same time, there's a lot more on screen with amazingly vast draw distances that makes it seem too big and too ambitious for a PS3 title. Despite The Last of Us looking great, the game kept many of the viewscapes in very linear planes and condensed areas so that it wasn't breaking the PS3's bank.
In the above video, we can clearly see that non-linear elements like the birds flying around and the whale splashing around in an open-world while maintaining weather transitions, real-time wave effects, tons of AI movement on the boat and other ships going about their business while maintaining that level of graphics fidelity would bring the PS3's framerate down to a halt. So, as far as actual features are concerned, it looks like from a graphical and ambient mechanics point-of-view, this is more than likely actual PS4 gameplay footage.
As for the game itself, I can definitely say that this is the first video of Assassin's Creed IV that has actually made me enticed in playing the game. All the previous videos were just kind of “meh”ish and very standard-fare. However, here, we get a candid video filled to the brim with a wealth of gameplay mechanics on display ranging from chase sequences, ship battles and stealth attacks, to treasure hunting and sight-seeing.
The opulence of variety within Assassin's Creed IV: Black Flag is a strong selling point that's highlighted with about near-perfection in the gameplay video above. I especially liked the meta-aspects of the ship battles and the small things like using the smaller cannons to take out the deck cannons on the opposition's ship. That was slick. Certainly better than the likes of anything featured in Pirates of the Burning Sea.
You can check out a few screenshots of the game below or visit the Official Website to learn more about Assassin's Creed IV: Black Flag. The game is set for release this October for the PS3 and Xbox 360, and for next-gen systems such as the PC, Wii U, PS4 and Xbox One shortly thereafter.