I bought it on the PSN for $25. Not a bad price for a new release.
It's your standard FFT/TO style SRPG with classes, skills, branching plotline, lots of grinding, etc. From what I've read, the plot is even more generic/cliched than FFT/TO (not that I like the plot of any of those games). Combat seems more balanced than FFT/TO, but it's not very difficult to me.
Combat speed is very slow as you can't skip any attack or skill animations, some of which take 5+ seconds. I wish I was kidding. The UI is similarly slow and unresponsive. Party management takes far too long due to delays between menus and UI lag (even with a data install). A single free battle can take up to 30 min just due to the slow combat speed and sluggish UI. I wouldn't mind playing through more of the game if it wasn't so slow.