Is pretty damn good. I really like some of the new features, like you get to have 75 players on your team for pre season. It then makes you cut players after each pre season game. The new animations are sick, the blockers don't do that stupid thing where they melt into the running back or ball carrier. The overall presentation is much improved.
I definitely recommend it to any NFL fans in the clan. One little note is that you'll have to update the roster right away before you play franchise mode, otherwise you'll end up with a horribly out of date roster.