I finally played the demo on the Series S, here is my opinion:
Pros
+ Great perfomance, locked at 60 fps.
+ Cool morale system.
+ Magic is fun.
+ The combat is different from Nioh and interesting.
Cons
- Graphics are really weak, some textures are straight from early ps3 games.
- Evade and parry on the same button is counterintuitive.
- Jumping is quite op and makes the game quite easy.
- Extremely fast paced and unbalanced, it is easy to just spam spells and kill most normal enemies.
- The final boss was basically a Nioh enemy with bigger health and faster moves.
- The lock on system is janky.
- The Leveling Up system seems shallow.
- The "guardian spirit" special is a let down compared to Nioh special.
- Sometimes the healing flask button doesn't work.
- Defending is almost useless.
I hope they can improve the game a lot, I love Nioh since the first alpha demo and I know that they can fix most of those issues, they did with Nioh.