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			Looks to me like you need new control arm bushings!  Yay!!!  Never done one on a boxster, but on my old car you have to press them out, or rip and tear, and press the new one in.
 (Or just buy a control arm with it pre-mounted lol)
 
 EDIT:  Also,  Try prying on the wheel back and forth for play.  If it is as bad as it looks, you should get a decent amount of movement around the bushing itself.  And generally, when it comes to suspension, play=bad/worn.  lol
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