Couldn't have said it better myself. I was so excited about this game then as more and more information came out I steadily began to lose my enthusiasm. Supposed to be first person view, then it became third person by default (though you could change it in game). No save games. They adopted the same retarded system they used for Diablo 2.
I bought the game and only got a little ways into it. I keep meaning to get back to it but I know I never will.