gaming_ogre: Is this done on the engine for MOO3?
It is probably not using same game engine, if that is what you mean, MoO3 is old and quite different.
Comparing this to MoO3? Both have star lanes and real time combat, However, you can control the ships, and overall you play more like in first games, unlike MoO3's "set game and end turns until you win". IMO this game is much better than MoO3, even this is still unfinished game, and has bugs, because MoO3 is one of the WORST games I have played.
Comparing this to MoO2? If colony building and overall UI felt a bit like like MoO1 + Master of Magic, this game feels like MoO2 + Civ5. IMO Not as good game as MoO2 (yet?), because MoO2 is one of the BEST games ever, but still good.
Comparing this to MoO1? Some races and music are updated from MoO1. IMO this game is better than MoO1, but they both have their strenght and weaknesses.