Got mine yesterday (360 version) and it's pretty good fun, the graphics are a little shabby for a 360 game but the ships have a good amount of detail on then and the LOS is great. I think the reason for this was so more people could play the PC version of the game.
Trying to complete the missions on veteran right now, but it's proving to be quite a challenge, got through the first few missions OK but now it's getting really tough. You start off in a lowly PT boat, then move up to a destroyer, and in the mission I'm stuck on I'm in a brand new destroyer thats almost cruiser level.
Not played the multiplayer yet, but I really enjoyed the demo.