Loving it so far. The story is unfolding nicely and the characters are interesting.
Gameplay wise, I'm VERY disappointed that the game doesn't seem to have elemental damage / defence. All elements do the same damage to every enemy. I was fully expecting my "fire" attacks to heal the fire-based enemies but no.
Also, the party inclusion in the battle system is step back from XV. I totally loved all the high fives, coordinated attack, and the direct commands during the XV battles. It added to the characters. But the action is definitely more polished in XVI. More fun.