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Still a complete shadow on the classic original though, why they had to screw around with it I don't know.
Haven't played the sequel though.
Anyhow, the sequel ain't as good but it's still really enjoyable with an advanced level of freedom and improved FPS dynamics. The new menu system takes a bit of getting used to, and you can't carry quite as much stuff, but it's pretty simple and works well.
Once you push past the first city, in turns into an absolute masterpiece. It's very much worth it.
As for your question, no, there doesn't seem to be much of a difference. I played the xbox version over a friend's house, they both still run in a rather twitch y manner, but no noticeable differences. In fact, I'd say it's marginally less irritating as the loading screens don't switch resolutions on the Xbox. while n the pc it momentarily moves to desktop