The game looks terrible. At least the last Larry game looked ok aesthetically speaking. Now everything looks plastic-y and the girls look like a combination of those bratz dolls and the blow-up doll that was in the teaser. There's probably a good reason why they haven't shown any gameplay since the initial teaser trailer and why its a budget title.
Seeing as how Sam and Max is going to get the XBL treatment, they should do the same with some of the older Larry titles. I think Larry 6 (CD/Talkie version) and 7 would still hold up ok.