I agree with Hastar and Redman; at least for the first town and dungeon. Party creation feels like the crpgs of old, walking is like MM1-5, lots of loot that is randomized.
Mini-spoilers:
I played the first dungeon with two parties and got different stuff both times, etc. It feels a lot like Xeen, to be honest. Druid is devastating against Spiders with her ice/water spell. Freemage can bounce 'em back out of melee and one of my tanks can force aggro. I went with Shield Dwarf, Druid, Freemage, and Crusader. Might swap out for more magic and less might, but we'll see. Didn't find any secret doors in the spider lair, but don't really have that skill and the scroll was kinda expensive.