Played the demo last night on PC. I did not finish it and will give it another go tonight.
My thoughts so far:
Looks a lot like Fable and WoW. The graphics I felt were sub par but acceptable - it just looked "washed out" to me with too much bloom.
Extremely simplistic gameplay. Corridor running, glowing interactive items. Combat was nothing special so far, although the shield thing is retarded.
Overly tedious menus (to equip items for example is 3 menus, should be Inventory>equip X weapon not menu>inventory>weapons>equip X weapon). Same can be said of the character creation. First select sex and race - ok. Then a god (or none) for a perk - ok. Then select a facial preset - ok, but this could have been part of sex and race menu. THEN you can customize the looks completely... what? Why would this be after all that? They should have had it all part of one menu - sex, race, presets/customize. Then pick a perk and you're done.
On the plus side, voice acting was alright. Conversation wheel seemed fine, although it was a bit strange that at one point it went from a wheel to a menu. No idea what that's about.
Anyway like I said that was just my first impression after about 30 minutes. Going to play again tonight and finish it, maybe make a more formal review.