I have just completed the Magi origin.
This game is cinematic in a way I have not experienced before. It's like the difference between a TV show where all the dialouge is shot with two cameras, over one shoulder of each conversing character and a movie in which the cinematography is more creative. You'll see what I mean when you play, it really adds to the experience.
As well as that, it engages with your emotions. The characters I've met so far have been multi-dimensional and interesting. The voice acting has been excellent so far, and the characters don't just stand there and speak. They make gestures, they move around, they have expressions. They feel like real people, not like walking wikipedia terminals.
There are genuine choices, and most events seem to have different possible outcomes. Playing through the Magi origin, I felt as though I could cultivate relationships with different characters in different ways. You can solve quests in a variety of ways, and it seems that you can really shape the story in different ways, and your choices affect the outcomes of the situations you find yourself in. I can also see scope for some of these outcomes to have some real consequences down the road, but of course it remains to be seen whether this will be the case.
I am really enjoying the game so far. Combat has all been a breeze thus far. I have to admit, I like the way that health and mana regen quickly out of combat.
World seems well realised, codex is wonderful, so far this definitely seems like the game I have been waiting for since 2004. Very polished. Great controls and interface. It feels a lot like what NWN and NWN2 should have been, actually.