It looks a bit ragged to be honest. The bar has been 'raised' for alot of the stuff its trying to do in the past 6 years.
There are direct comparisons to NMS and quite honestly I think that game holds its own from a visual fidelity perspective against Starfield, while retaining a similar portion of gameplay mechanics (planet exploration, procedural generated worlds, space combat, settlements, ships, etc).
Just by looking at it, the animations, how it renders certain things it is very clear this is still CreationEngine/Gamebryo. I'm hoping its amazing, I really do love Bethesda games despite them swinging and missing a bit with FO4/FO76. But I think its clear that some changes have to happen with them. Its not even necessarily that they need 'more people', maybe they don't, but yeah I think some big changes internally must happen. These trailers and Todd talking is always their 'best foot forward'. We all know how their execution is in practice.
So from that perspective, the very best they had to wow me for the first time on Starfield was kind of 'meh'. I already own NMS. You're six years too late to this party, and NMS is still dropping big content updates for free. From an FPS perspective, we've had some pretty incredible entries where gunplay is concerned in the past 6 years.
What does that leave? Plot, RPG elements. That's what Bethesda has left to work with, but if I am being honest they've been sucking at both their last batch of entries. FO4 was a categorically a step down from FO3 let alone NV on these points, and FO76 was an abomination (though I appreciate they technically didn't make that game themselves).