Since I know everyone is waiting with bated breath, impressions:
TL;DR - there may be some potential there but Early Early Access so wait.
It's made in the Unreal engine. Not really sure which version. By AAA standards it looks dated of course but for an indie it's quite decent visually. Npcs are 1000X better than the Bavarian Horror Story ones that Realms of Arkania HD™ released with [customspoiler=(Don't Click if you value your eyes)][customspoiler=Seriously][customspoiler=You were warned]
[/customspoiler][/customspoiler][/customspoiler] and the hair isn't much worse than some huge budget AAA games really (Dragon Age Inquisition I love you to death but I'm looking at you and your frightening hair when I say that). There's a brief narrated intro but TL;DR you're basically Harry Potter going off to wizard school. I wandered around a bit and played it pretty much as a walking simulator because I think that's all there is to do right now?
There's a story mode and I read on the website something about investigating some evil wizard or some such. I don't know. I didn't encounter anyone who I could interact with though there were some npcs I overheard having a (text) conversation. Mostly I just ran around. There was some cool stuff like a magic escalator where there's just a piece of a stairway and it floats up and down and you hitch a ride on it. Hey, I'm easily impressed.
It kind of reminded me of running around some huge old game like Daggerfall. Except way less pixelated. And with less screeching skeletions, and less giantic rats. Okay not like Daggerfall.
Apparently, it's been made by one guy who's a student so while there's still quite a bit left to do, I've modded before and what's he's even managed to do for one person, well that was a lot of work. I hope he can stick with it. The concept sounds interesting to me. It's supposed to be more of an adventure running around and investigating and not so much combat, so yeah I guess a walking sim basically.
There was no way to save that I could find right now which is probably the biggest problem with it at the moment, although really if there's no story content you're just touring the buildings and hopping on magical staircases and what not anyway.
It has potential. I want to pull a Spoder and say 'It's totally worth $1 even though I got it for free and wouldn't have paid $1 for it myself cuz that's how I roll' but honestly it may be best to wait for it to get more content and come further along.
The guy making it obviously isn't in it for the money judging by the bundles he chose to put it in, basically all the sub Groupees/Gala/Royale ones that like 3 people on the planet ever buy so the chance for it to show up in other bundles is high.
I'd put at worth keeping an eye on at least.