I think it looks awesome, but I also think I've seen attempts at this level of cinematic gameplay before and been disappointed. I'd need a demo before I put money down. But if the controls are halfway decent, I think this will be awesome.
Off topic a bit, how do you control a power suit like that. I mean, if one existed, what would be the interface. Iron Man had a voice control thing that didn't really explain how he controlled the thrusters or anything. The Master Chief basically uses a strength enhancing suit, but anything beyond that, I don't see how you can control it. Are there buttons all over the inside of your gloves, making dexterity really awkward? Do you have buttons you control with your tongue, so that if you get hit hard enough you bite it off because you were hitting the "fire missiles" button?
Seriously, how are these things supposed to work?