As an MMOFPS, Planetside 2 is appropriately...massive. Making the maps feel a little smaller, though, is air vehicles and combat, which is what the latest trailer focuses on. Behold the footage below, presented in gloriously underwhelming 4:3 aspect ratio.
Explosions aren't looking too bad, though at certain points definitely look like they need some work. The game is still in its earlier stages, though, so there's plenty of time for that.