Keeping an eye on this one myself also - a deal clincher for me will be how much of the game is instanced. So far the housing and paths are by the looks of it, which I dislike already.
I can understand that instanced content is easier on severs etc, but the whole "personal" aspect is a massive cop-out I feel. To me the fundamental idea of "MMO" was always that games were getting bigger/more collaborative, with more community interaction - but newer MMOs are feeling smaller with your own isolated content. Give me an MMO where you'll build towns with people and fight for land any day, enough of the battlegrounds, instances and instanced housing.
How can paths possible be instanced, I wish people would at least know that they typing before they type it. paths are what you choose your character to be I.E either a explorer. or a settler.
On the whole I like some things about the game, some things kinda worry me but we will see.