I have to say this is definitly a AAA game just started playing on ultra high quality for graphics and its amazing. So far the fighting style is quite easy to pickup and get straight into very well done.
It not only look good, it flows like a charm. I'd say the movement is on par with the most popular MMO's, it just feels smooth moving around, jumping etc. This is definately AAA+ title, buying it as soon as it's out on Steam.