The game seems to be shaping up nicely, though it seems to be more or less a faster paced PSO with side stepping and duel wielding, interesting that they've put first person aim in.
The consensus so far is that it's a very upgraded PSO. If you don't like PSO, you likely won't like this. The changes they've made (that I know of) are well warranted.
Well I love PSO so buying this goes without saying I really don't care what they do as long as they somehow lower the amount of online cheating, totally wrecks the feel of the game.
This game looks great, but cheating is huge. The GC and Xbox versions were completely unplayable online. DC had a ton of cheaters too but somehow it didn't ruin the experience, atleast for me. On the other hand, PSO:Blue Burst is amazing and only had minor hacks when I played it at release.