Thanks, Raze

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'Action-RPG' usually describes a game with zero actual role playing (And is thus an oxymoron). It's not a good term to use if you want to imply any kind of characterisation, story depth or the existence of meaningful choice beyond "Do I use a big axe or a bigger axe?"
From what we know so far, ED has all these things; ergo it is not an 'Action-RPG'.