I couldn't get on for the Euro PTS lark, but from everything I've read so far things are looking pretty damn good. "Like a huge Nordenwatch" was one of the descriptions I very much liked the sound of. Game performance in the cities is meant to be much improved too, which would be a very welcome change.
Other bloggers weren't as slack as I and managed to get on to the PTS. There ares some comments over at Overly Positive and Werit which as always with those blogs are worth a butchers, plus there's the feedback threads over at the official US forums.
If Mythic pull this off and makes city sieges fun, then this could make a big difference for a lot of people. There's a whole load of us that don't bother going to attacks or defence currently because it's just fairly poor PvE with hideous lag. If that was to change to decent RvR and good performance... Well my friends, I'll see you in the city :)