They truly do. These shots have neither been taken from a specific angle nor in a very special moment. It just how it looks ingame. Fantastic!
Ship starts burning more and more after taking severe hits, getting covered in smoke, explodes sector for sector blowing hull parts in space and this ending up in a big explosion followed by a flashing emp shock vanishing your shields away if you stand too close nearby. And all that while the massive battle around you going on.
The mechanics are there. The game engine is there. It's "just" about implementation.
That said, I really appreciate that the main focus has been put in UI, scale, economy, faction wars and the many other improvements we can already see in X4!
Still enjoying X: Rebirth while waiting for the linux build