Its an unbroken Gears of War.
That might be a little frank but thats basically the best way to describe it.
It's hard to not compare the gameplay to Gears of War, but at the same time its totally not Gears of War. Both games focus heavily on a cover system, and that's pretty much where the comparisons end. Let me use some bullets to explain why this is not Gears of War.
Like I said at first though, this game doesn't have any of those "what the hell" moments that Gears matches are filled with. Deaths are legitimate, your bullets make contact when they're supposed to, and grenades bounce and explode properly.
Outside of a few smaller glitches (mainly some clipping issues) this games multiplayer should be able to stand with the best of them. All I can say now is that I will definitely be picking this up when its released.