Was new patch done by someone who just guessed at values? [Details inside. Also fix for shadow issues]
[The settings discussed below only matter if you set the game to HIGH]
Unfortunately when people were posting custom solutions[No offense but random] to improving the game they used it looks like the dev's edit-copy-pasted it. There are many self-shadowing anomalies caused by new patch. They are very apparerent during cinematics/story scenes. I'm not trying to be harsh on dev since I really like this game but these values were not tested and lack common sense.
Incase you think I am making this up please go here -> http://segmentnext.com/2012/03/26/tribes-ascend-tweaks-guide-how-to-edit-config-file/
[Its good because it mentions literal max settings allowed by UE3 [non-premium version]]
My solution for anyone with these issues [Im pretty sure its everyone].
Go to.. C:\Users\...\Documents\my games\UnrealEngine3\MonkeyGame\Config\MonkeyEngine.ini
[I wanted to use 1024 which is the plausible highest, but exceeding 512 is part of the problem]
[This is Multisampling AA. 16x is crazy high... it doesnt matter because this game doesn't even allow Multisampling to work]
2056 is an insane value. Its not impossible, some UE3 games will work with that value. Though this is certainly not one of them. NO UE3 game will allow that as a default setting. You would have to modify it yourself if you wanted a value that high. Open any of the latest/oldest UE3 games. Highest value is 1024... Doubling it in an old game without testing will/does cause issues.
The multisamples value is downright INSANE. The highest without modification offered in UE3 is x 4! I actually think that was a miskey because of a Anisotropy [that value is usually 16]. x16 "would" make your game look just as sharp as a 4K display at 720p lol [If the game were to support it, which it doesnt].
ShadowFilterQualityBias=2147483647 Looks more like a phone number then a serious value.
I've looked at over 6 UE3 game's and these are definetly wrong/exceedingly high values.
THESE ARE JUST VALUES I NOTICED.... THERE ARE ALMOST CERTAINLY MORE! I stopped looking after I found my solution.