Just finished it. Excelent game to play alone, better with friends. I liked.
You got an ancestral weapon, and normal items. On the last quarter of the game you could use your ancestral weapon with some gems you picked on your way. In fact, this is really cool, but you could only use this near the end of the game.
There are some secret areas, some important items (soul shards) that you will problably will want to get. The battle system, sometimes get old. But not old the way I heart. The real consequence is not to let you finish in one day. You will problably not play this for more than 2 or 3 hours. There are many save points in here, so, don't worry.
The game pleased me in many ways. There are just somethings that I don't like, but they are mostly details. The fact that you can't put healing potions with a hotkey but can put other items is really annoying. The slow motion when you press R is really awfull too, but you can turn it off on the menu.
This game seems similar to Dark Alliance, and its impossible no to compare. I haven't played much of Dark Alliance yet, but will. If not been able to get a hotkey for healing potion is a little annoying imagine loosing an key for jumping. Well, never know, after playing it I review.
Than, that's it. Want to have fun exploring dungeons and killing some interesting monster with your friends in a action RPG this is a great option and only avaiable for Xbox. I don't know about the replay value, I played a little with the Rogue, the Wizard and the Cleric. The pair Cleric and Wizard is surely the powerfull one in my opinion.
Good luck. 9/10