Well, it's not as open-ended as Morrowind, but it's far from as linear as other similar games. You basically fly around, trading commodities, finding missions, shooting down baddies, and upgrading your ship. The graphics are nice, the gameplay is fun, and the ai is challenging. I haven't tried the mutiplayer feature of the beta yet, but you can for instance specify whether human players can kill each other. It would've been awesome if there was one huge static world to play in, but instead there's a host server / join server scheme.

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