I have a friend who is in it. She likes it - to give you her background, she goes back to EQ1. And she's actually quite infamous in EQ2.
I only talked with her for a brief moment about it, but her comments on it where that it was fun, that she enjoyed the different style of targeting gameplay. She said leveling was done through questing, and there's some of the "10 bear ass, next quest hub" style stuff, but that most of them are quests you pick up along the road or out in the wilderness. She said she got an email for another beta weekend, but is ignoring it because they keep wiping and she's tired of leveling 1-5 over and over.
Nothing new about it obviously, but figured I'd share it anyways.