Yeah, I guess if you went into this expecting a slightly modified P3/P4, you might be disappointed. If you want a hardcore dungeon crawler with some Persona trappings, then you'd probably be a lot more interested in this one. I mean, these are the Class of Heroes devs, so expect that with more story.
Just entered Phase 3's dungeon, and got wiped on the first random battle.

Managed to figure out a strategy that lets me survive a battle, though. The combat's getting tougher, having to draw the MINDs back and defend/recover, as getting MIND Breaked is a very bad thing.