The hardest PS fanboy I know in something called "RL" played it already at GamesCom... And even he said that Titanfall is the best FPS he has played in years.
I am hyped and got it on preorder, but won't play much, because I am about to be a father in 3 weeks.
Congratulations, man! That's awesome
@OP: I think it's a little overhyped, but fans and critics seem to genuinely love what they've seen/played.
Personally, I'm excited to see what it's all about, but I understand if others are suffering from shooter fatigue.