The game has pros and a lot of cons.
The Pros
The color wheel is fun. I could spend hours spinning and changing colors of things. Food looks like real food! There are some new interactions that were really fun, such as "announce pregnancy" when you meet your friends while out on the town. Some of the traits are fun. The great kisser trait allows you to make out like a pro and who doesn't want that kind of trait.
I can brush my teeth now. I do like being able to seamlessly move about the town. I can see that it was a really good idea and had a lot of potential.
The Cons:
The Sims themselves, their clothing and furniture are ugly beyond belief, it was so much work making someone attractive. I am spoiled after spending years getting beautiful creations from brilliant people, I hate being stuck with EA's unimaginative and obviously male centric sense of style and design. These Sims will need to be nominated for What Not to Wear. The camera is wonky at best and drives me to drink. I feel I was promised a fuller immersion then I am really getting. Sure I can go anywhere but most of the community buildings are facades just like in Hollywood. So now instead of sitting outside of the house waiting for Sim to come home from work, I sit outside of their job. I feel like a stray dog. The needs of the Sims were not supposed to be the driving force but I still feel I spend as much time feeding and pottying rather then exploring and growing my Sim as EA stated would be the case.
As I said above this game has a lot of potential but EA has a lot of greed. I do not think they will let the CC community be this time, especially with the EA download store at launch. I firmly believe they expect to make their bread and butter on download content for this new branch in the franchise. They saw a piece of the pie they weren't getting any of and have decided to go after it aggressively. Ruining what could have been a really awesome new leg of the Sims experience. EA's creativity will never be able to match the brilliance that is out in the CC community and thus they will fail miserably by taking something that made the franchise successful and exploiting it. If that is indeed the path they are on I will be done and just live with Sims 2 until such a time when something new and shiny comes to distract my attention. If they prove me wrong and let the CCer's co-exist, the game has potential and I could even see myself looking forward to expansion packs.