There is that 20 minutes of (the same) gameplay , but done in HD on Youtube.
(Depending on your settings you might have to manually set it to 720; I let it load all the way before watching.)
IMO the modeling is great, but [parts of] the game look like its all made from "painted Styrofoam".
(And the menu UI is almost as bad as Witcher 2.)
Well, as I expected that didn't look very good. The only thing that I liked was the ability to dual wield weapons and magic. The one thing I didn't expect was the UI being worse than Oblivion's.
I'm betting this will just be a shallower Oblivion.