The team at Oxide Games has released Star Swarm, a non-playable demo/benchmarking tool of their new Nitrous engine which shows off some of what the engine can do (namely have thousands of units on screen). It's a pretty impressive demo, especially so if you have an AMD processor with the new mantel driver from AMD. I have a pretty hefty setup currently and my PC was slowed down to single digit frames per second for the last 20 seconds or so of the two minute demo.
If you don't have a high end PC and want to see what all the fuss is about check out this video which shows you what the engine can do.