It's basically Fable 1 with better graphics, a dog, and STDs.
Okay, okay, but at least it's set in a diff... damn it. It's the same place but 500 years ahead. Creative.
Now I got ya, the Will abilities have all chang... ugh. Seriously, they are the same @$&^%#* thing. They replaced a couple and combined a few, but it's all the same as before.
Seriously now, to the new things. You can buy all the shops and houses in the game. (Other than obvious exceptions). You have a dog - which is the games only strong point. The dog is reliable and makes the game more human. The combat has changed. Now you can instantly use Ranged, Melee, and Will during a fight. It's satisfying, but the only problem is that it's just a polished turd. Once again, imagine fable 1 combat but slightly smoother.
The customization is half @$$ed. You get about 1/4th of Fable 1s amount of clothing and weapons. It's cool that you can change the colour of clothing and hair at will (with dyes), but there are so few items, that it's barely even worth wasting your time over.
The Good vs. Evil version of you are strictly appearance. Nothing in the game changes, just a few towns get painted a darker colour if you are bad, and you grow horns and have red lines on your face. Big, effing, woop.
Also the ending is so anti-climactic, it made me sick. Let's just say that the last boss isn't even a fight.
Look, this review isn't great. Go look up a good Fable 1 review and just add a dog. That's what it is.