It will be better. Since it's Bioware, it will have the same quality story and character wise, but they also promised to improve on a lot of other area's (some of wich plain suck in the first Mass Effect), like the optional worlds (I want some variation dammit, and make 'garden worlds' actually lush!), elevator rides (Wrex and elevator music made them pretty entertaining though) and the side-quests (again, more variation, the endings were usually pretty cool but the rest was just bland) and hopefully a lot of combat improvements. I can't wait.