Really, really awesome. Imagine combat like this paired with Bioware's storyline and character advancement system, a la KotOR. Man, this is gonna be a good one.
"This enemy you cannot kill. You can only drive it back damaged into the depths, and teach your children to watch the waves for its return." - Quellcrist Falconer
Looks very cool, Lance. Yes, this combat looks much better than KOTOR's, so adding better combat to that level of storyline development would be very cool.