Obsidian Entertainment has just shown off some of the first in-game footage of their upcoming game Project Eternity. The results are absolutely gorgeous, and they include trees, water, tides and the day/night cycle, as well as some of the first character models seen in motion.

It's great to see that the $3.9 million Obsidian raised through Kickstarter to fund the huge project is being put to such good use.

The game is an exciting return to form for many of the former Black Isle Studios employees who created PC RPGs classics like Fallout 2, Planescape Torment and the Icewind Dale series. Many of these games used a similar top-down view of the world, and it is a lost art in this day of immersion and first-person viewpoints.

Obsidian currently finds themselves in a bit of a friendly rivalry with inExile Entertainment as the latter has just stolen their record for the most successful Kickstarter campaign ever for a video game for their RPG Torment: Tides of Numenera. Obsidian creative lead Chris Avellone will be putting his hand in both projects.

For what it's worth, Project Eternity looks to be a bit more high fantasy, in the vein of Baldur's Gate, while Torment: Tides of Numenera takes a more spectral and demonic approach to its setting.

Project Eternity won't be released until Q2 of 2014, so expect many more updates down the road.