i bought this for the ps3 today, wasn't sure what to expect, quite mixed reviews.
So far I have had around 5 hours today on it and its pretty good. Tried it with the pad to start with as couldn't get it to find my G25 and it was awful, very twitchy, found it hard to complete the 1 lap 'test run' to set the games difficulty. Restarted the console and got the G25 working and its great fun!!
First thing I noticed was the sound. The cars sound glorious, and the sense of speed is spot on. The game is far from a simulation, quite arcadey with some sim elements included. I haven't got to the really powerful cars yet but with most of the slower ones its easy to control them. Too much power out of a corner and easy to catch the slide. The game certainly has the fun factor, its great fun flying into corners and fighting with the car as it tries to oversteer on the way out. Some cars handle pretty awful (I bought an S4 and it understeers to hell) but others, such as the Elise or E36 M3 are great. Well balanced and a joy to drive. As soon as the race is over you want to jump back in and drive again. Graphics are good but not wonderful, they have used various techniques in the game such as motion blur and camera shake to hide them somewhat and theres slight slow down from time to time. Loading times are slow but bearable. The HUD is quite annoying. I choose to turn it off completely and turn off the racing line. This leaves a nice clean display, but without the track diagram you need to know the tracks well oterwise you'll be spending time in the gravel trap. Lots of classic tracks included, I have raced on Brands/Donnington/Silverstone/Spa and a few made up tracks and there are great fun. Bumper cam as usual is the best for me.
It seems the controls can't be changed from the standard ones, which is a shame as some buttons (such as the handbrake and NOS) are down on the geatshifter, making it hard to use them in a race as eyes off the road for a few seconds and you're off, the game needs a lot of concentration!
The AI is superb, some of the best I have played against. They fight against you and with each other, make mistakes and if you pass them aggressively they will more than likely come back at you! I have it set at the highest difficulty level with all driver aids off apart from ABS on low and they are very challenging.
The races are laid out in many formats, from lapped races to duels, one make series, time trials. A nice variation. I haven't had chance to try the drift mode but I aren't too fussed about this. As mentioned elsewhere the damage does't seem very good, mainly scratches and smashed windows. I have had the bonnet off my S4 once with a head on with a tyre wall!
Overall I would give it a good 8/10. Worth a buy IF you have a wheel!