I just gave it a quick try. I think it has a lot of potential, but is very rough around the edges. The water rendering was particularly bad with reflections that were completely crazy. The overall rendering was pretty low quality as well. With a better renderer and some fine-tuning of the tools and assets, this could be a great product. Sadly, though, most products like this never go beyond this state and ultimately never live up to their potential. NeoAxis is one that I will keep my eye on thoug. It looks like it could take it to the next level.
System Specs: OS - Windows 7 Home Premium 64-bit SP1, CPU - AMD Phenom II X4 945, 3.0Ghz, RAM - 8Gb DDR3, GFX Card - 2048MB NVIDIA GeForce GT 640, FPSC-R Version - Beta 1.0085