Picked this up with some Christmas money...
Bit disappointed it's not a true open world, as I loved that in Burnout Paradise. On the other hand, it's great to see properly licensed cars in there. I'm enjoying it so far. Only at level 3 racer, level 2 cop, but it's going well. I reckon I'll be able to get fairly into it. There is some rubber banding, but I guess the trick is to get into a position where you can boost past people.
Quite pleased that there's fewer online achievements than in Burnout Paradise... that game was silly for them.