The game doesn't live up to it's predecessor.
It looks beautiful in HD but it seems that the jump to higher resolution imaging affected the gameplay and it causing delays whenever characters and events appear. This can get highly annoying since AI characters are constantly commenting on your actions and a small lag will occur everytime.
The gameplay is somewhat similar to the previous game, a few new things were added here and there but there are not significant enough to actually improve on the game experience of the previous title.
It's also too bad that the Versus mode is not as straightforward as it used to be on the PS2 game. This game is just another developer that doesn't understand the rules and regulations of Xbox LIVE profiles and poorly adapted his title to the Xbox 360. Basically, one cannot create multiple cepters on a single profile and profiles are required to play in Local multiplayer.
This is a big blow for the game since the beauty of Culdcept for PS2 was its ability to have multiple cepters on the same console and import other cepters from your friends when they came over for a game. This is somewhat all gone since they made it so complicated with the LIVE profiles. I also doubt that lots of people will be committed enough to play 1 hour turn-based games over LIVE, it just isn't as entertaining as having a bunch of friends over for a game on the same console.
All in all, this game fails to improve on it's concept and the additional content added doesn't add anything to it. Poor multiplayer support kills this game as it was it's sole purpose.