The combat is really bland. From what I have experienced, it is very slow. The block just reducing damage just makes it worse than a dodge. Especially when the reduced damage can barely be felt. Also, why can't attack animations be canceled when you try to block? I get that animation canceling could be a problem that comes with that but speeding up the combat would make it much more enjoyable.
Right now, the only good thing I can say about this is that it looks great, but when the only thing there is to do is kill enemies, you would expect combat to be more interesting.