Not really. I played like 5-10 hours on the PS3 and felt it was enough. The game basically takes multiple branching paths from VNs and shoves them into a time-based sort of open world third person action game, while also adding an element of grinding to it. The combat is not very good, there's a lot of (occasionally) randomized sidequests and weird-ass minigames (try to get arrested and you'll see) and everything is super janky on multiple levels. Furthermore, grinding plays a pretty important role in all of this, as most things you earn in your playthrough (each lasts like an hour or two) carry over in the next one and there's a huge collection list you gotta complete: swords, fighting styles, titles, fish, some other things. So it's at has a Majora's Mask-like tempo in that regard: you do stuff, time passes, story unfolds, then the cycle ends and you start a new one with some things carried over (but as opposed to being embedded into the flow of the main game in Majora's Mask, here it's pretty much completely optional because each cycle is treated as a complete playthrough). Oh, and the story is not serious or historically accurate at all, it's kind of like weird anime.
It still has some appeal, but I'd rather call a curiosity than a genuinely good game. The first one on the PS2 was actually much better, at least from what I remember.