if they can pull this off it will be the death of EVE and all other space sims and most MMO's out there.
So far it looks like a spaceship only game but the engine itself rendering an entire planet with bigger terrain area and much better terrain/graphics than all other mmo's out there... if they add npc's walking on planets and ground combat/interaction (aka your avatar being a person not a ship) .. wow.
Just seeing the space-ground transition in real time is orgasmic. The little asteroids making up the planetary rings and how BIG it is when the ship gets right on top of it.. WOW.
The only concern I have is it being a reflex-click game... the combat videos seem too arcade-like to me. I sure hope they add layers of complexity to the game... not 'levels' or 'skillsets' but rather things the players need to take into account when flying their ships..aka gravity, sensors (not the almighty computer giving you all info at once but rather the player needing to scan manually), friction effects in atmosphere, etc.