I'll just post what I did at FC:
To be honest it's just ok, it's nothing brilliant, physics wise Forza 2 has nothing to worry about, the cars are still too light and the grip is like glue even on dirt unless 2 tyres wander over. Weight transfer is apparent but it seems more like Underground with added weight and bodyroll. The Race was alright, damage is kind of fun especially in Speed, I totalled the car more than raced it. Smoke was good for about 5secs then the novelty wore off, driftards (short for drifting die hards) will love it though.
Is it playable? Well yeah, it's more Burnout than Sim imo though, looks like EA's been in the code parts bin from how the damage and slo-mo actioncam shows anyway. I'd say it's a rent rather than a buy or wait a few weeks (days?) till the achievement whores have got their moneys worth and then pick it up cheap pre-owned.
It's no Need for Speed though, it should be a separate IP imo.
Also anyone else think the graphics seem worse than what trailers and that suggested?