It is pretty good, sure is not a Bayonetta or a DMC but is a great step in the right direction. Personally I found it to be much better than any SK to date.
Having a smaller cast allowed Meteorise to develop them properly, giving to each of the girls a distinctive move set and stats. Combos are more developed than in SK and the Dirve mechanics adds an extra layer of strategy. There's also the Phantom Mechanics based around using dashes mixed with your attacks to keep enemies stunlocked to earn damage boosts.
Here I've compiled a YT list with skilled players showcasing the game combat
https://www.youtube.com/watch?v=lslK86-AtPc&list=PLdDkb0xvTQpRMlBHRJ1j9F6CEA95TnnWL&index=1
It's biggest weakness is the fact costume selection is pretty poor and the game is real easy for the most part. Difficulty might be simply because Japan doesn't like challenging games that much but there is no real excuse for the lack of costumes.
I also found its story to be better than SK's recent outings, with a tone and handling closer to Burst's than any other game. However, is by far the most polarizing element of the game and whether you like it or not, depends on how much you become invested on it.