New combat system looks interesting, thats enough for early alpha build. We still yet to see details, like how we'll interact with environment during fight or how enemies will behave, maybe they will learn to take cover and not to push mindlessly.
The real clog moment in video is UI where character icon was previously. Hope it just a placeholder, because classic bars with icon are better.
Also 3D icons of items looks off, good 2D sprites may be better or to give 3D icons different angel and colors for backgrounds of inventory tiles depending on items type/rarity. I see some things got inspired from Tarkov, there 3D icons looks good because of those things.
Another question is how inventory will work with backpacks? Will it be old inventory system or we'll get to manage inventory like in Deus Ex and get more inventory tiles with backpacks? That could be cool if done right.