Quoted from Greaseman:

My opinion after watching the stream twice:
Overall Play: Lots of flow (best combo looks like the left orbit to the upper right flipper, through the reverse scoop to feed back to the right flipper), open playfield, very fast, awesome music (of course - ha ha), tons of backhand options, didn't seem drain heavy (but I'm sure I'll turn it into a drain heavy machine), cool ramps (love the overall action on the balls coming back to flippers), the right ramp that returns to the right flipper looked tough - saw some kick backs that looked like good shots, lack of toys to interact with (has been pointed out ad nauseum), Electric Magic device looks cool and has function (not earth shattering but a good addition), I liked the spinner noise, lights overall are awesome
Code Completion: Tim Sexton had said on a podcast there is a lot more work to do and refrained from giving a version number, some of the lights looked out of synch with the music (I believe Tim had said he has more work to do on some of the songs - going on memory here), the tour modes looked cool - seems like a neat objective to get through those as they get harder to initiate as you progress, earning gold (and eventually platinum) seems fun for individual songs, songs continue where you left off with next ball (phew...), multi-balls need to be earned and seems like good pacing to them (not too many of them), shot multiplier is unique (I like it, but I'm a math nerd), not much on the Wizard modes yet including the big "?" unless I missed something (Tim being coy here)
Overall: I can't wait to get my LE. I was really happy with how it looked. But, as I've mentioned in other posts, I'm a total noob.