Well, I like the way it plays, but I'm not thrilled with the visuals. For how much it visually gets better than the 360 game (textures, lighting), it seems to get a lot wrong (fade in, SEVERE aliasing on black lines). Aliasing is the most annoying graphical problem, and being in a cell-shaded-ish game amplifies the problem.
As far as the play goes, it sorta resembles the 360 version, although the battle system is a smidge different. I only put about an hour in, but overall I'm pretty happy with my purchase, although I'm not so happy about playing through the fucking naruto origin again, although it's not fair to blame that on the game.