So, I am nearly done with Act/Chapter 2 unless something drastic happens, I think.
So far, I actually really enjoy it. It's different which is refreshing. And even though the battles so far (with a few exceptions) feel more like FE Heroes than a traditional FE, I like it. The equipment system also is really cool and the fact that characters/classes learn new skills when leveling up is neat. The story is also pretty interesting so far and I like most characters. Mae and Claire are awesome, same goes for Valbar and Leon.
The one and only thing I fear is that the battles actually do become dull later on, once we fight more enemies. With no weapon triangle and "fixed" equipment, it may actually become a bit boring later on. But maybe my it actually stays fun.