I think it looks fun. I heard the controls described as clunky but it sounds to me like Warhawk. Left stick steers, right stick are stunts/maneuvers, and you can independently aim with motion controls. well it was clunky back then, too. EVE Valkyrie which lets you aim with your FACE in VR is a more natural solution.
I like that the early boss can be defeated from the outside or inside, and they claim it impacts events later on. SF64 had stuff like that, where saving Falco's dumb ass let you go through the waterfall.
and yeah, the graphics are bad. it's a 60fps game that rendering a 720p image on the main screen and a separate, what, 480p or something resolution on the tablet and the wii u is comparable with the ten year old xbox 360.