Well I've watched a few times and here is my humble assessment:
Graphics: Looks great(the world looks fucking gorgeous) but honestly, this made me really get the console blues, because if this is how it looks on both consoles, then the gap from the jaw dropping PC footage we saw last week is very noticeable, but I guess thats just the console gamer's lot in life and I have come to peace with it.
Animations: Looked very good imo, conversations seem way more natural than ever and I dig Geralt's look! The girl seemed a bit too pretty for a country girl and a bit too calm for someone who was just about to get gang raped, but then again I am one nit picky bastard
Combat: This was the most underwhelming imo, the griffin fight was very clunky (what happened to rolling, it should be there for those kinds of fights), and after watching the vgx and SoD Trailers I was expecting a combat system that would be less "video gamy" and more like real sword-fighting ( that scene where geralt hacked the guy's hand of and with a nimble hop changed his stance to face the other opponent was incredible, I was hoping to see something like that in-game), at least from what we could see, there's no much of the sword crossing I was expecting, just the same old hack-slash and go to next opponent, and I agree with Reptile about cutting the a guy in half. But oddly after seeing that the crossbow is very optional (just one of the ranged weapon) and realizing that it does make a bit of sense lore-wise for whitchers to cary them as tools, I would be totally cool with it if they polished the shooting system( which I'm sure they will) but for god's sake get that recoil right, its a crossbow not a Colt 45.
UI: Could use a bit of redesigning, looks too much like TW2 imo
I really hope they use their time to polish the hell out of the combat system, because apart from that everything looks great!!