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Found this at Wikipedia...to support DonWii's response

Unlike Killer7, the player will control Travis only. The game will have a free roaming world similar to Grand Theft Auto. Travis can move around either on foot, or on his motorcycle, the "Schpel Tiger." He can also ride in any other vehicle, though he is unable to steal them. Like GTA, the gameplay is open-ended, but the player will have to kill the top 10 assassins in order for the storyline to progress. Numerous side quests also exist to gain additional weapons and make money, such as trash pick-up, a part time job as a stamper, and even jobs such as human bowling. Travis will have a wide range of swords available to him. The player will also level up through experience points, but the exact details have not been revealed.

 Now I'm definitely excited for this game.  For me its the first big game of next year (that has been confirmed) that I'm looking forward to.