Monkey,
I am an old school rpger. I played the old original ultimas and wizardry s. I played all of the ultimas, wizardrys, and bards tales. I have been doing rpgs since the early 80s.
This game isn't hard per say. IT is a lot harder then most of the rpg on the market right now. So for the average gamer used to Final Fantasy or some other casual rpg, this is hard. I don't find it extremely hard. I do feel you have to play smart to figure it out.
The game definitely doesn't hold your hand. In oblivion there is a marker showing you where to go next. I like how his game doesn't have that. You get to explore the world, and you are rewarded by doing so.