I've been playing Dundeon Seige III for a few days now. So far, I'm very pleased with it. It scratches the RPG itch and is a pretty good game.
I don't love the fighting mechanic. It's not as real-time/interactive as something like Borderlands or Kingdoms of Amalur, and yet it's not as strategic and tactical as Dragon's Age or Fallout 3. It tries to be real-time, but it boils down to just aimlessly pressing the FIRE button and letting the AI make sure that your projectile finds a target. There is some strategy, because you can dodge and block and do intelligent fighting and whatnot. Still, I think I would have preferred if they chose one extreme or the other. But this is a minor gripe and it's not taking away from the enjoyment of the game.
I really like the story and lore that they are building up in the world. I'm definitely hooked, and I mostly get hooked on the story of games. The music is really nice and I wish I could find a soundtrack.
I would definitely recommend this game to anyone looking for a good RPG experience. Don't expect Dragon's Age, but expect something pretty close to it!