So did anyone try it? I played for 30 seconds and was pretty turned off by the arcade feel. Am I selling it short? I'm guessing not based on the complete lack of feedback.
Sorry, I forgot to express my thoughts here. I've been carrying on a long discussion about it on TXB (an Xbox 360 forum).
Perhaps rather than just give my thoughts, I'll try to relay what the general reception was. There were maybe 20 people talking about it in the thread, and the feedback was 50/50, with about half the people liking it, and the other half disliking it.
The ones who disliked the demo always did so because of the technical shortcomings -- framerate issues, screen tearing, graphics quality, etc. Some people found those things so bad that they couldn't enjoy the game.
The ones who liked the demo weren't so frustrated with those technical shortcomings and focused instead on the core gameplay. They liked that, mentioning things like the humor, the voice acting, quest quality, open world, and the lack of world levelling.
It all seemed to come down to how much the technical shortcomings bothered a person, vs. whether that person was able to look past those shortcomings and enjoy the core gameplay.
I was in the second camp. I liked the demo quite a bit, played it for about 5 hours total (it's a big demo). I won't be buying the game at release -- $60 seems like too much, and I am not ready for another medieval RPG right now -- but I'll pick it up later, at a discount price.