You're not missing out on a whole lot, don't worry. The gameplay mechanics are there, but the beta is so buggy it's unplayable.
Literally: it takes me ages to finally get into a game, and the majority of times the server screws up like a minute into the race and I'm booted out. Think I've only actually managed to complete like 3 or 4 races in as many hours.
I've also had it lock up on me several times, crash my PS3 once, and had it do loads of other crazy stuff (such as the camera going insane, or being stuck in 6th place forever no matter how many people I overtook).
Throw in long loading times and a bad framerate, and the beta is more frustrating than fun.
Playing around the character creator is awesome, though. =)
Can't wait for the full game.














