Looks amazing visually but the more I see the more it flies over my head. I love old school 2D shmups but for me this is too fast and hectic for third person behind the character gameplay, would probably be awesome it they moved the camera back/up though.
It looks like Playstation's own version of Recore. That's not a compliment either.
The main character is severely ugly (i.e. why aim for "realism" in such a fantastical arcade shooter setting?) & the gameplay is an acquired taste, i.e. in a market where really, really good third person shooters exist, Returnal's gameplay requires a certain dose of nostalgia & lenience based on the clips I've seen (just like Recore).