20 hours in and this game is quickly turning into one of my favorite RPG's (not just JRPG's) ever. What's not to like about this game? Interesting story, great characters, amazing world, awesome combat system, beautiful soundtrack, huge focus on exploration, tons of sidequests, etc etc.
This games gets almost everything just right. I say almost because I have a couple of nitpicks. Like some interface and UI issues, terrible human models (love the monsters and mechs though), some poor textures, etc. The textures are a tradeoff to the vast, seamless world though, so I say it's more than a fair tradeoff and I wouldn't want other way.
I'm always in awe with the backgrounds. Not only they are technically impressive due to the draw distance, but the art is also incredible. It's beautiful.
And the combat system just keeps giving. Back in 2006 I was in love with FFXII battle system, so I'm a little biased, but I was excited to see Xenoblade coming up with even better combat.
I also love how it constantly encourages you to explore. Not only the world is compelling enough, but they actually award you for finding new places.
This is my GOTY so far. So much better than the last two games I've played (Skyward Sword and Uncharted 3), and I loved both. I'm yet to play Batman and Skyrim though.
Granted, with 20 hours I still have a lot to see and I might be jumping to conclusions, but so far there was no boring moment to me. Chrono Trigger, Dragon Quest VIII and Vagrant Story are the top 3 JRPG's on my list, and I can say that Xenoblade is well on it's way to making to that list.
I know I'm very late to the party, but I had to voice my love.
Glad this will get a US release, everyone should have a chance to play this.