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I find out that if you go to the delfaut.ini folder in the game directory (..:The Chronicles of Spellbornetcclient) you could improve the graphics. Find the [WinDrv.WindowsClient] and you can add better graphics by updating the following lines (if you max the graphics in the game menu 2 or 3 of these are already High and the rest is Medium):
TextureDetailInterface=High
TextureDetailTerrain=High
TextureDetailWeaponSkin=High
TextureDetailPlayerSkin=High
TextureDetailWorld=High
TextureDetailRenderMap=High
TextureDetailLightmap=High
Make sure you overwrite and mark the file as 'read-only'. Now log in the game. AA and Aniso. are disabled now and you need to enable them again. View distance is also not max and also needs to be maxed. Now save the settings. (enabling AA and Ani and improving View distance again is only needed one time cause you changed some things in the INI the game will automatically flag down those 3 settings, all the further times you login the game runs on max). The game looks a lot better now and plays still realy smooth if you have a good system.
Disclaim: I found out those things myself and they worked for me realy well, but don't blame me if your system crashes cause it isn't fast enough or ahs other problems!