What about the current world do you like/don't like?
I like the environment a lot. It feels pretty decently designed and I can't wait to see more of it throughout the development of the game.
How do the controls feel?
Standard movement with WASD, I feel a little slow, and I feel powerless if I get stuck or need to climb a small ledge, maybe a jump would help.
Given the game is focused around magical crafting, do you have any suggestions for recipes or items that would fit the theme?
It depends on how high fantasy you want to go, Magical creature parts are a big thing in alchemy for many fantasy adaptations. Or you can go a little more realistic and do herbs and plants.
Is there anything you hope to do in the game that has not yet been implemented?
I would like to jump even if its just a way to get up small ledges or rocks. Other than that what you have in the current to do is a great start and goal to work towards.
Any other general C&C.
The mountain in the background seems to not come in cleanly with the camera. It may be out of range of the camera's view but that was the only real problem that I saw.