Well the graphics are quite impressive.
I have to say, this might actually turn out to be good, if it wasn't massively multiplayer. It looks like it would make a good beat-em-up. Not to mention, the whole "RPG element" could boost more involvement in the story, much like Mortal Kombat Shaolin Monks and MK's Konquest modes, you know what I mean?
It'll be nice to backtrack on your favorite character's storylines and then beat the crap out of hoardes of baddies, then fight some boss characters.
Again, I don't understand how the concept of MMO would apply here.