Following trailer, showcasing hardware accelerated PhysX effects in upcoming Borderlands 2 title from Gearbox Software, was recorded on camera by one of the participants of Nvidia GeForce GTX Meet-Up event, which was held in San Francisco on March 28.
Update: alternative version
Update #2: new official PhysX trailer
Now you can see all previosly mentioned effects – physical particles, tearable cloth and dynamic fluids – in action.