Current renderings are based on real-time telemetry data being sent back from the probe.
40 years is a long time and instruments have advanced. I guess now that the solar panels are engaged and the rover is active, we will get some decent footage. The moon in 1080p? Yes please!
http://english.cntv.cn/program/newsupdate/20131214/104460.sh...
On a separate note, I was hoping the Chinese would install a big Bitcoin banner on the moon to further boost its adoption.
In real-time perhaps not, but yapcguy didn't say that. You can bet they'll be recording major events in high resolution/framerate (deployment, first drive, etc) and transmitting them back later, if only for engineering purposes. Rad-hard nonvolatile memory is relatively cheap when you're sending probes to other planets — even old Spirit/Opportunity had 256 MB.
We also know the rover has some real-time transmission capability (at unspecified resolution):
>The rover will be capable of real time video transmission, while it will be able to dig and perform simple analysis of soil samples. For the real time video transmissions Yutu will use the PanCam. These cameras will provide stereo images in high-resolution and will eventually give three-dimensional imaging for the scientists on Earth.
http://www.nasaspaceflight.com/2013/12/china-jade-rabbit-lun...
Anyway clearly half of that video was a simulation.