I got my hands on the import and have played it for a couple of hours. Great environments, but the action was fairly repetative early in the game and there's quite a bit of loading. I'll give it a try off the hard drive in the next few days and let you know if that helps out much. Looks like they got the key voice actor (EN voices on the JP version, they got the official Jack voice actor, same as KH) and the production quality is high overall. So far my feeling is that it's almost too much like the movie (which is strange coming from someone who's watched it 30+ times), bordering on the 'cash in' feeling. Some odd choices (like looping the actual game music, with lyrics, and boss battles being bizzare rhythm-game hybrids) are likely what depresses the scores we've seen. Overall, it's been good so far, but definately not great. I'd recommend you stay away unless you're a huge fan of the IP - it's quite amazing to see the world come alive and be able to walk around in it as Jack. However, as an action game there's tons of better stuff out right now.
Oh, and sadly, the semi-striped style of the 'carved' floor and wall textures in Halloween town really suffer from the system's lack of high-end texture filtering, and overall the game has a very aliased look.