I started playing it last night and I am having fun. It works fine, the graphics are fine, performance is fine.
I like the Quest navigation system. I also like how fast the combat is.
I am not sure yet how I feel in regards to a potion only recovery mechanic. It will depend on how easy it is to use tradeskills to supply them.
I'm not fond of point to click navigation in any game, but its in several so its not a game breaker. Using tab target instead of left mouse target is much easier for those that gripe about targetting.
Allods is a WoW clone. I don't think this is that similar at all.