Combat is as good as outfits are silly - feels like the gorgeous lovechild of Guild Wars and Torchlight. On level of combat 'funness', this is up there with Street Fighter and Infinity Blade I & II.
As I ran around (badly) whapping things, it struck me with a pang that *THIS* is what I expected GW2 combat to be. Especially since Tera has collision detection. Collision detection is one of those things that you don't realise how much you love until it's taken away.
Tera is also the only reticule-based game I've played that doesn't give me motion sickness.
Age of Wushu (Pure open-world PvP, no PvE servers)
Waddling around Age of Wushu is like being in a wuxia epic - other than the fact that the entire area chat is filled with goldbot spam.
Combat feels like virtua fighter, the combat animations are all based on motion capture from real martial artists, making it look incredibly realistic and beautiful.
Environment is extremely true to culture, right down to how the non-quest NPCs talk about their lives when you poke them! Oh and buildings have insides. ALL buildings have insides. I don't think I've ever seen that in an MMO.
Oh yes, and they're both beautiful games. Screenies to follow.