From the main menu the Settings screen can be a bit hard to read. It would be nice if the background was a bit more opaque. This was most notable in the Video settings where the text was over top of the main menu's button text.
On the character creation screen it would be nice if there was info on all of the Personalities.
While I was reading the update info there was some flickering of the game. It also looks like the game had already started playing as I saw someone moving down the road while typing this and it looks like there might be a day/night cycle taking place. Before I closed it I was on Day 2.
I went to the training hall and started to move around. I've played some games using this style of circle the mouse around to attack, and it is not a style I particularly like. The lack of a cursor also made it a bit harder to get a feel for where to move the mouse to get a good circle around the character. When I tried to do the special by holding the right mouse button, the target wanted to be on the right side, unless I was actively moving my mouse another direction. It would be nicer if it kept the last direction and only went back to the right when I moved that way.
I pressed Escape to pause the game while I typed this, and under what I though was the "pause" menu I got a popup about completing something and gaining fame. I only glanced at it as I typed this, and it auto-closed.
When I tried to continue the game, it would no longer recognize mouse movement to move the character or aim. I could go back to the menu and the mouse worked fine. I could right click and use the special, but not move the target cursor. The cursor was on the right side of the character, though the projectile/attack went down-left.
I quit to menu and tried to play again. When I returned to the Training Hall it popped up a message about clearing Stage 0. Pressing continue kicked me back to the overworld. I had not made my way over to speak with anyone yet, so still have a message to speak with the trainer, which I don't seem to be able to do.
I tried visiting other menu options for the town and each of them gave me the Stage 0 Cleared message, with 1 button to press that returned me to the overworld.
I decided to explore the map a bit and finally found some orcs. I entered combat, and got the same message, which also ended the combat when clicked.
I refreshed the web page and loaded from my profile, and that allowed me to take part in the fight. I was very unprepared and after a little bit of flailing about I returned to the menu.
I see that you have been adding multiplayer aspects to the game. When I first went to the Training Hall it said someone else was there and I could join them. I prefer single player games, so would be more interested in playing if there was an option to disable multiplayer interactions. Of course, the combat isn't really my thing either.
Thinking on it, maybe if I redid the mouse calibration and played with those settings I could have found something that made the swinging work a bit better for me. I was not doing well getting it to spin well. I'm adding this as an edit later, after closing the game, and don't feel like going back in to retry, but figured I'd share the thought.
The description sounded neat. I've not played Hammerfight, but did enjoy Arcanum and Magicka. Unfortunately, the combat mechanic just didn't work for me. Add to that the multiplayer, and I'm not the best reviewer for this game. Good luck with your project.