Looks more like an interactive movie than anything, if that thirteen minute clip is how the majority of the game will play out. The combat looked about as basic as you can get. I'll probably end up getting this anyway though just to see how it unfolds, and I will also be able to trick my non RPG playing friend into playing an RPG.
Ever played Paper Mario games? This will play out similarly.
I.E. Awesome.
It's too bad they didn't make a Vita version. Would be perfect for pick up and play.