With as few encounters per level as there are in 5th Edition D&D, if there weren't cut scenes, the party would hit max level after 20 hours in. It would be nice if this were stretched out a bit. The encounters in this game are fun and engaging, I wish there were more of them. That said, the cutscenes (dialogues, really) seem impactful and add a lot of flavor. I find myself saving before every conversation just so I can see where different options lead. Some of these have definite "best ending" scenarios and it can be fun to try and get those. It's very different from D&D where you end up wondering what other outcomes were possible.
