I have a feeling this game has a lot of potential to defy people's expectations.
You really have to look at Itagaki's track record: Ninja Gaiden reboot on Xbox, the original DOA, and I think even Tecmo Bowl. There's a good man leading the ship.
Apart from what you *thought* you saw at E3, consider this: An action game that seemlessly blends hand-to-hand combat and FPS with a kind of corny old school Duke Nukem/Jean Claude Van Damme post-apocolypse world. Sounds cool to me. Oh and Nintendo has their hands in it. Color me intrigued. And I think you should be too.
ALSO: I really want to play as Wario in this game. Not a costume. Wario. If Wario is a playable character in the game, day 1 buy.
I predict NX launches in 2017 - not 2016