The problem with the combat here is the problem with the combat in virtually every other mmo, its based on rotations and cooldowns, theres no room for creativity there. That said, it can be fairly enjoyable if your character is worth a shit, or a nightmare if it isnt.
Skill system is too limited, 5 skills and 5 passives is horrible, you slot everything you HAVE to slot and theres no room for anything else, there should be more room for tinkering. That said i enjoy how the skills are structured and the depth it has. Its not terribly complicated but it can give you a few days to get right. Also because its so hard to get every skill theres a lot that isnt known about the system at the moment.
Story is great, Solomon island is probably the worst part, out of which kingsmouth is the best. But picks up in Egypt, and Transylvania is great. In Solomon island you shouldnt miss Tylers freeborn chain, its pretty good. Puzzle quests are the best part of the game. I have also heard great things of Tokyo, but it still isnt on the game.
Itemization is meh (as meh as TSW was), its there to be enjoyable at first but a real pain when you want to max out everything, the game is blatantly p2w in that respect. Thing is, you have to ask yourself: "To win what exactly?" and realize it doesnt matter, at all.
Extraordinary weapons have interesting effects and you can definitely build around them, which is great. But talismans have shit effects and most of them are insultingly insignificant.
Economy is interesting, AH limit has had a big impact on prices, stuff is worth a shit. Also more interesting, theres trading, actual trading in the game, its pretty interesting and im hoping it isnt lost. I still say inventory space is too limited, the option to increase it via MoF should be open and the price scaling shouldnt happen until a decent inventory is achieved. Funcom doesnt get that they are asking anyone that isnt DPS to have an extra set of gear in their inventory at all times.
Daily challenge atm is the single worst thing the game has going for itself, it rewards the worst kind of behavior and needs to get changed asap.