I've played a few hours of ED, and I'm already really impressed. There's a lot more humour, some is really clever ("They... went to a farm where they can laugh and cook all day..."), and there are some really interesting quests for both good and evil oriented characters.
I sure hope that the respawning enemies in certain areas thing is true, though, because I've racked up an incredible experience debt, up to over 275,000 at one point.