You know i'm not too worried about the graphics. You guys do have some good points but I am looking forward to innovation, story and the uniqueness of the game.
I loved the graphics of Diablo but since it was kind of repetitive I never really played Diablo 2, even though I read many great things about it.
I really hope they can get to their goal and maybe even before the final deadline!!
Here's a recent blog post about this on 1up.com which has some good points as well -
http://www.1up.com/do/blogEntry?bId=9115417