APB closed beta

So i just got accepted into the closed beta after applying what seems like forever ago. I never played it when it was released the first time around and i didn't see much about it other than it closed down faster than any other game ive seen.
Did anyone play the original one or is anyone in the closed beta now?
Is it as good as some of the videos make it look? aka a gta mmo. when i saw that i knew i wanted to play it.

im only asking about it because the download is massive (almost 4 gigs) and their download "helper" is really slow. and beyond that i just want to know what other people think? excited about the game? want to see the game just die like it did the first time? pancakes/waffles?