This sure as hell isn't AW. Put in about two hours last night and this game is trippy, and has more in common with GI Joe and comic books than even the least grounded historical settings we've seen in the series. Even AW's futurism had some grounding to it and still fit the jingoistic military chatter, but this is one is all about getting into the shit, bro, and how cool it is to hear enemies scream as they die in flames. This isn't about curt "tango down" calls as you clear rooms, its about rushing through fire (realistic is going to suck) and getting your Doom on, woohooo, high five, did you see that? And I hope you like using special vision modes, because its hard to see jack without keeping those modes on at all times.
Structurally the campaign is crazy interesting though, with the HUB/spoke space and customizations, mini-horde mode and mission replayability, so I'm still looking forward to seeing how the game unfolds. Its just so damn strange ;p