Just got the game. I've only done a couple races so far. My WiiU locked up on the first attempt, hard reboot fixed it. Initial impression, good attempt. It doesn't look as good as Wipeout HD and I miss first person view and air brakes but the color switching mechanic is nice and Wipeout is dead. Beggers can't be choosers.
I do hope they patch in first person view at some point. I miss the screen tilting in the corners, makes it all a bit less exciting. It will probably get better in the faster racing cups.