This May 2012 Firefall Development Update is a video outlining changes Red 5 has planned for Firefall. Word is: "James and Scott sit down to discuss where Firefall is going. Big changes to the overall gameplay and a focus on more skill-based play. More details will be revealed in a blog soon."
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The only thing with firefall and TF2 is that TF2 doesn't really have a grind element which firefall have. I dont think firefall can compete with Planetside 2 when that will be released. I am in firefall beta and I am not really overwhelmed over how the pvp is.
I would like to see this do good but right now its a mess in the beta. No teamwork required just spray and pray.