I'm looking forward to getting in on it. This is replacing the Saga Edition RPG for my friends and I.
Look for ValSpence Yage the smuggler tearing up the place!
Oh and you won't get a KOTOR 3. The guys at Bioware consider this to be KOTOR 3-12 and so on. But... if you read up on the game a little more, you'll find that they are making it truly in the spirit of KOTOR. It plays very similar, it continues and expands on the original story, and the characters from the old ones make appearances. You can recruit a team of characters to help you on your quest, craft items, and choose your morality.
Actually, the only thing that is different is that the galaxy is bigger and populated with new and old friends. How is this bad?