I was trying this out earlier today. As a game, I think it's a pretty refreshing take on MMO's. It's based on the Source engine (not sure if somebody already said that) and seems to be mostly instance based. The starting quest has you pretty much immediately stuck in an instance and I haven't seen any world PvE yet as of level 5. The graphics are actually pretty amazing for how big the game is. It was only about 1.8 GB to download. I was trying out FF14 and I honestly think the graphics are comparable. The character models, though limited, are very detailed. You can customize your character a little bit. A little more than you can on WoW but less than others like EQ2 or Champions Online. It looks like they'll be adding more customization once the game is out of beta, although considering the game is free to play, I'm sure they'll be selling such things. Armor looks great. Tons of doodads and scenery you can bust up and use for weapons. Gameplay so far is pretty hack and slash though, but it keeps it interesting by adding in throws and smash moves. I'm curious how this game is in a group setting. Animations are pretty fluid and your character interacts pretty well with the environment. For instance, if you do a throw near a wall, you'll throw them against the wall and shoulder bash them into it; throw near a bunch of broken crates and barrels, you'll do a kind of body slam into them.
So, this is a ryona board and I'm getting to that. :P
For an MMO, it already has some decent stuff. Pain animations and voices. Supposedly your armor can break but I haven't experienced that myself yet, except for my shield. I've done plenty of throws, but I haven't gotten any enemies to try and throw me. When you die, you can pan around your character laying on the ground with minimal distractions. I think there are maybe 3 pain animations based on the damage dealt. It doesn't seem like you can get permanently knocked to the ground while you're still alive. Haven't seen any holds yet, but I'm keeping my fingers crossed. I posted some keys and accounts you can use in the club house section if you're interested in trying it. I might make a video of this one. It's been a long time coming.