Yeah, I agree with you on this... the overall frame rate is better, but it's hard to swallow graphics that blurry only 30 to 40 yards away!? They haven't mentioned any XB1 or PS4 specifics for the forthcoming update, but I sincerely hope the XB1 version gets some serious attention here with it. I'm pretty sure HBS knows there's a problem with this because there have been numerous complaints about it in the official forum, and they haven't countered any of them with a defense such as, 'they haven't changed', or 'it's an artistic decision'.
Here's hoping because right now it doesn't look like a next-gen game to me on the XB1. I just wish they'd give us the option to disable 'Depth of Field' on the console versions like they do on the PC version. Not only do I like the looks of the graphics better with DOF disabled, the game sees about a 5 to 8% frame rate improvement with it disabled!