Maybe not the absolute best on the market, but with all the options turned on, it looks pretty damn awesome, IMO. I'm not sure how people can be unimpressed with the graphics when they are like that. Maybe its just cuz I'm used to almost no eye candy, to save my frame rate.
I also run on a laptop, and cannot turn many of the eye candy options on. But sometimes I see vid on youtube or screen pics from other people who have the best graphics cards out there, and I am honestly blown away with how good the game looks when you have the capabilities to run all the options. Considering how good the gameplay is, and the ability to have 600 players on at the same time, and the fact that it allows for people of all graphics capability ranges(from no eye candy, to full eye candy) play at the same time, I think AH is doing a great job.