From MMORPG.com, here. Some crunchy info.
Looks like a 360 version is hoped for, but Xbox Live is holding it up. The game will have a skill set system like oblivion, but the weapons you use will develop your stats, as your armor. He mentions that its possible to wear all types on one “job.” Jobs seem to be templates for what to wear? He’s not too clear on it.
They mention that there is no auto attack, but things like active time battle bars, and two of them: one for weak accuracy/strong attack, the other for the opposite. Also, no zones it seems.
That’s going to be interesting. It sounds like a very radical departure from XI, which is what a lot of players wanted.