Beam NG have an interview up here with IGN, possibly the most awesome car physics demonstration I have ever seen. You should definitely go watch the videos on the page if nothing else. I sat here mouth slack jawed as I drooled stupidly (normal day for me) watching the panels, chassis and axles on the vehicles crumple and buckle in various pleasing ways.

This is what I want, and I know you want it too, with the power of the death star now packed into multi-core cpus, and video cards with dedicated physics processors, I think it’s time we see it in our games.