My friend owns an internet cafe and I see a lot of chinese people playing it on their chinese account. Okay, as far as the graphics goes, this is what i have to say. The character is very well done, even very detailed drawn. But...even if you have a very high end PC, the background as in everything on the screen that is not related to the character, that looks like Morrowind graphics. Yes, it is better than WoW, but don't expect Oblivion or Fallout 3 graphics for environment. For the hero classes, the fighting animation looks cool and very flashy. As for character facial animations, well they all look very asian. you can have a character with blonde hair, but if you look at the facial features closely, you can tell it looks very asian.
As for gameplay, the only interesting thing for me is that you can fly around. the entire game mechanics is not that different from World of Warcraft. You go kill x number of monsters to complete a quest, or collect y number of body parts from certain type of monsters, etc, etc. You can only fly in certain regions and only for certain period of time, other than that, most of the time, you walk/run around. And you can not fly until level 10. Means..you are stuck doing WoW style gameplay until level 10, but even with level 10 afterwards, the game play does not feel that much different. Because if you played WoW, you will definitely feel at home in this game. As for the story, well..it is just a variation of WoW, you pick a side and you go to war against the other side, and there is common enemies to both sides that you have to deal with.
Is the game good, well if you are looking for something different than WoW in terms of variety, then by all means try it.