Played for a few hours now.
Graphics are so so. Sometimes it looks good, other times really quite bad, and I maintain that the glass looks utterly pathetic. Even LFS glass looks better (oops I made that comparison again how dreadful). Either way, it in no way is leaps and bounds ahead of Forza2.
Gameplay is as it was in the demo. Involving and rewarding, if a little numb at first.
I like the menus and presentation a lot, very clean and crisp. Career mode is good, quick and easy to get on with, although I don't really have much drive to do it. It lacks (like Forza2) the incentive of buying better and faster and rarer cars, you can pretty much drive them all in Free Play mode anyway. There's no sense of ownership particularly.
I think the Quick Tune option is a bit backwards, but then I don't really get on all that well with the whole Tuning concept in games anyway. I don't get much pleasure from making a car faster by throwing bits onto it and moving it far from the way it would be if you bought one. I haven't seen a spec-cup in the career mode yet, but there should be some.
And there should be some in the multiplayer mode too. Which as far as I can tell is good for giving you as few options as possible now. I saw all the rubbish races going on, "Quick Race with unlimited cars" how ridiculous. Circuit races with classes A and higher? "Road Races" with about 3 people in insanely varied cars crashing around the nurburgring? Oval, no players. Drag, no players. Drift, no thanks. I wanted to set up a public race with just a standard car, and only that car, like I could in Forza2 (although noone ever joined) but I couldn't do it.
Either I missed something or they really got lazy with that.