Not at all... in fact take all the RPG aspects of Oblivion and reverse them - Third person view (isometric or over the shoulder), great/better storyline that makes the game fairly linear, well developed characters, not as action orientated, doesn't focus on loot so much as to using your skills to make you fight better, main quests are very long spanning into several chapters of the game... I could go on, but I think you see the point.
It's a great game if your really into RPG elements, as I've said the character development and storyline are well done. Don't expect too much on the combat side, because all you pretty much do is do a series of timed clicks while your character does cool combos and finishing moves, add in a few spells and there you have it.
EDIT: There is a demo available of the tutorial and the whole first chapter of the game. Try that and see if you like it.