Absolute waste of time, if you've played any other MMO you've played this game.
The "new" combat system is in fact a tweaked version of traditional MMO's which limit's your options in combat as well as the variety of moves you can create with them.
the PvP is a complete mess, with the general plan of attack being "mash buttons till they die", there is no room for counter-play or skill, just who out-gears who.
The questing on this is also a let down, not only is it generic and soul draining, but it cannot even manage simple concepts that have been in other MMO's for years. The quest tracker is horribly complex, often resulting in getting lost or confused, and some quests don't even share progress with party members, meaning you are sat around waiting for respawn's while your friends continue on their way.
The best thing about this game is the crafting, it takes an old concept and adds a level of customization to it, you can add different slots while crafting to give the gear the stats you want, instead of dealing with the predetermined stats.
Summary, if you've never played an MMO before, go for it, you'll probably have a blast, but if you're like me and you played a hell of a lot of them, do NOT waste your time, this is an over hyped "wow clone" that does nothing new worth paying for.