I'll be honest... watching Zaide's stream gave me a little more hope that there actually is a game there, but ... I'm not going to candy coat it... those graphics looked like crap. Lord of The Rings Online has better graphics than that game, and it was made in 2008.
That tank character with the red head is quite possibly the worst looking ogre I have ever seen in my life, and the attack animations of all the characters gave me major Vanguard vibes with its janky swings that would make a five year old wielding a plastic lightsabre look like a ninja in comparison.
I'm sorry, but that just did not look like something I would play for the long run. EverQuest looks better than that game in my mind, and that's saying a lot.
Best of luck to the Pantheon team, but that stream sealed the deal for me.