I'm convinced they had to shaft the LoD to get the Xbox One X running at 60fps @ 4K. So whilst the Xbox One X puffs and pants drawing something that looks like minecraft, your average GPU (say, GTX1060 @1080p) is busy flipping 120+fps in sleep mode!
The graphics used to be terrific, especially Mythical, but now, ugh, ugly and really noticeable POP IN.
It's not just the draw distance but the LoD distance as well. Unless you're close to an island, it looks horrible with the spyglass. By the time the detail POP IN whilst using the spyglass, your so close that it's pointless. Even the water looks like a bunch of triangles using the spyglass whereas it used to be beautiful.
This is perhaps one of the most disappointing things that has happened to the game.