My take on this game is that Capcom isn't trying to have it be DMC action-esque but, instead it's supposed to be a very cinematic, and have tons of action while the battles are very engaging, nice graphics which give it a unique style, and meant to suck you in with the power that the characters (mainly Asura) demonstrate.
I loved the demo and I am very hyped. It may not be the greatest IP nor extreme in terms of combat but, what it does, it does well. Hopefully the full game is ten times better.