Bad aspects:
-Item progression is linear off store bought items for a lonnnnng time. I don't know if it ever changes, but I'd assume so.
-XP grind. While you may level moderately fast until about 40, it is zero fun. Solo'ing is best xp until you're 20's, so expect to be standing in a field, killing the same handful of models over and over. By the high teens, you need like 300/400 kills per level.
-Karma. PK someone and they don't fight back? Have fun dieing 20 times or killing tons of mobs to lower your karma so you don't drop your gear when you die.
-Memory leak (?). This games performance drops sharply after I play for about an hour and a half. Goes from consistent 25-30 fps to stuttering slideshow.
Good aspects:
-Beautiful graphics. Great use of the Unreal Engine, complete with swaying grass and wind blowing trees. One thing though, there is no weather effects

-PVP at high levels. Guild wars and such seem like a blast, and each class is varied enough skillwise to have unique strategies. Kiting is a problem though.
-Nice amount of content. Not much lore wise at all in this game, but theres plenty of zones and a handful of bossmobs over the world.
Will I buy it? Eh, maybe, if just because I have nothing better to play, and 2 months free is pretty cool.