Never top notch but always current. And the reveal trailer looked dated, very much last gen. Second, it's long been rumored that Boston was the setting. Sadly it came to fruition, and looks to be as bland a choice as many had imagined. Third, for a 2 minute long reveal trailer captured in-game, I mean....it didn't show anything of substance. That's a long time to show pretty much nothing but a dog, a Boston that resembles Bioshock Infinite, and a funny looking dude in a jumpsuit.
Trust me, I want to be hyped for the game. I wish a I came away impressed with the reveal as I'm a long time Bethesda fan. But the trailer was the very definition of "underwhelming" imo. Much of the hype seems to be about the fact that it's been officially revealed, rather than the quality of the reveal itself.
I think it looked pretty fine, well fitting to the current gen. This is Bethesda we are talking about, their most recent game lacked in graphics department compared to other game of the same year - Witcher 2 and a game from 2010 - Mass Effect 2.
I have no quarrel with setting the game in Boston. Fallout lore allows it to be quite an interesting setting. Presence of Brotherhood of Steel, Institute and the Railroad already creates three groups with different interests in technology.
As for the trailer not showing anything of substance, what reveal trailer does? We learned that BoS is in the game, learned of old and new creatures, saw a glimpse of a player's house, learned that he was voiced, learned about the dog, setting and possibly timeline (considering BoS now uses Vertibirds).
We are likely to see more footage at E3, probably a demo showcase.
This is off-topic though, would love to discuss elsewhere, via PM or a dedicated thread if you wish.