Very nice. Graphically a lot smoother for me, and I'm getting less slow-down in fights. AI still a little screwy IMO. But plot intriguing so far, voice acting good, companions interesting.... and lots of nice things I'm seeing that will be great additions to the toolset - waiting for you outside the first town is a horse (woohoo!), which is long-past-due.
Good to hear some new music and will be using that liberally in the future I think.
Here's the new critters - quite exciting to see, and giving me lots of ideas.... and they've only gone and included tentacles!! (see here for my earlier crude attempts).