Just saw the trailer. If Ubisoft would just quit creating games and producing movie shorts, I think we'd get along.
The funny part is when they called their game mechanics 'innovative'. Since it's for consoles first and foremost, I think it'll probably be a simpler take on melee mechanics. Perhaps even simpler than Chivalry.
At least we see that a major company has interest in the genre, which suggests more competition in it's future.
Of course, I have more faith in Donkeys than I do in Ubisoft when it comes to making engaging gameplay.
The graphics are nice, though.