Originally Posted by electricpirate
One thought though, after all this talk of it being "Menuless" they tease us with a... menu? It does look like a kind of goal list while flying from one place to another.
I reckon it is either a "quick travel" menu or actual main menu. More likely the latter. Can't have a game without main menu really. The game is MMO-like, with multiple classes. Most likely we can create multiple characters, and we need a screen to choose which one we're playing now. Non-Hub options just allow quick starting where ever you want, to avoid unnecessary travel.
I also guess Start opens up options menu, like in Halo 3, ODST and Reach.
"Menuless" likely refers to many things not being done via menus, but rather requiring traveling to a certain place in the hub or the world.
I'll use WoW for example: You want to trade, walk up to another player or go to Auction House. Need to customize your gear's looks? Walk to Transmogrification NPC. You want to fast travel, go to your ship and choose destination or go to a NPC who sends where you want to go.
Essentially, immersion, nothing happens magically by just opening a menu and doing something.