Are we seeing a trend of medieval games? Because I'm totally okay with that!
To be honest it doesn't look as skill-based as Mount & Blade: I saw the same blocking action over and over again, so it seems to be purely about timing, which could get boring. It looks really gory and exciting to play though.
My only issue with Mount & Blade is that it doesn't give helpful feedback: the collisions don't match up to the animations, it's hard to tell what you're doing wrong or even what you're doing right! This engine seems to work really well in that respect and seems very accurate, so I hope it is more skilful than it looks because it could be a lot of fun.
Shh... you're pretty.