ARRRRR looks awsome indeed!
on the male characters... yes they do look a bit odd and a bit too fashion... but at least for once the design doesn't have all protagonists look like 12 year olds. (i'll admit most of the FFXIII screens I saw did that well too... though I didn't open it yet to check).
And the battle systems doesn't seem slow at all, rather, it seems to pause on some selections so as to not penalize the player.... which is an interesting way of doing it. I feel it is very MMO inspired in its looks (agro system does influence my view) and by the fact that you see a 5 character party, which is rather large for any single player RPG.
Actually From the looks of the game, if i saw it for the first time, i'd think this was a new MMO... (here's hoping it sells millions and N does indeed make the last story a prime franchise).
Moreover, although it felt not as recent, I really loved LO, so i'm very excited. (got to play my BD too :-x damn backlog).