I plan to play some more today, so I will happily give you my impressions once I've gotten into it a bit further.

Update: I played for around 8 hours yesterday and can now say that once you get through the whole "tutorial" bit of the game, the story starts to become more evident, and I no longer feel like it's a worse version of no man's sky. After the first hour or two (depending on how quickly you play), it starts having the type of Bethesda RPG vibes you'd expect from a Bethesda RPG. I've been enjoying it.