I've seen a few posts about it but I haven't checked it out. It would have to be substantially better than this to draw me though for one very important reason: I'm fed up with learning how to play games and want to spend my time playing them.
In the last couple of years, I've picked up War in the East, Command Ops BotB/HttR, Distant Worlds, WW1 Gold and Pride of Nations from Matrix as well as Rise of Prussia from AGEOD. I also picked up HOI3 with all the modules last year. Each one of those games has a very steep learning curve. I think I've got the AGEOD engine sussed out enough to enjoy playing it, so I would be able to get into this quickly too. I'm also very, very keen on 'Revolution under Siege'. But, who knows, if it's good enough, maybe I'll start learning a whole new game again.