With DirectX 11, the latest patch adds a new Ultra quality level. The High Res Textures setting is also available if you installed the texture pack.

graphicoptions Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

graphicoptions nowcanultra Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

advancedgraphicoptions Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

Below are some screenshots taken at different quality settings with DirectX 11 and High-Res Textures enabled:

Church Level

churchhigh Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

High

churchveryhigh Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

Very High

churchextreme Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

Extreme

churchultra Crysis 2: Worlds First DirectX 11 Video, Benchmarks & Screenshots

Ultra