Just started playing it today...
The action is fast and responsive, but I'm just worried that they've been adding way too much superfluous stuff to the Ys formula lately - collectathons, map completion percentage, 'points of interest', fetch quests, and crafting systems galore. The nice thing about the best Ys games - Origin and Oath of Felghana - were how to-the-point they were, relying mostly on action and level design.