It definitely has a new God of War vibe going on. I'll definitely snag the PC version if it's released roughly the same time as the PS5 version. If there are major delays, I'll likely just snag the console one.
Not sure if it's all the same footage or more from the video Comixbooks posted, but this guy offers a bit of commentary as well. Mentions the gameplay is from 1 year ago so may have changed. Looks similar to Warframe to me and not at all like Diablo like the second commentor said.
It has a Darksiders/God of War vibe to me. The characters are bulky looking like the Gears characters are, but they move in a nimble way.
Unless they totally screw the pooch with the story/gameplay, this seems like a must-buy to me.