Wipeout HD is essentially a "best of" version of the futuristic racing series, containing sixteen of the best tracks from past games remastered in 1080p, all running at a rapid 60 frames per second on the PlayStation 3. And in person, it does look stunning.
For those unaccustomed to Wipeout gameplay, picture a combination of Mario Kart weapons and F-Zero speed, with floaty racing physics. You pick up limited-use weapons, you hit boosts, and you jockey for position with other racers--hopefully keeping your ship intact in the process.
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Source: Shacknews