Looks interesting, and the animations and models are nice, but I'm not into the whole survival arena thing.
Man, I miss the Endless Ocean games. Just swimming around big underwater environments trying to "catch em all" for science was a very chill gaming experience. Every now and then though, you'd come across an area with dangerous creatures and the tension would ratchet up a few dozen notches... even if the sharks only attacked you with their tails, which is hilarious.
I'd love a spiritual successor with these levels of visuals and animations, but I get why a two-man studio wouldn't have the resources to pull that off. An arena survival shooter is much more manageable in scope. Some day though...
I still have to play Subnautica, which seems like a kind of midpoint between EO and Terraria. It'll have to do.