It's good.
Best racing SIMULATION on consoles. Good selection of cars. Graphics are decent (some minor frame drops), the Sound is INCREDIBLE, great support for the MS wheel, and an actual Single player mode.
My only dislikes so far
I can't manually map the buttons on my controller, so now i need to get used to the right padle to shift up and vice versa. The AI seems lackluster (Similar the the PC versions) however i'm still in the lower rankings of my career. Doesn't seem they have any option for an online car setup folder either - but I'm still hunting for it.
Gonna hop online and see how it plays with other people. If any of you guys grabbed it for your 360 add me on XBL, we can race.
Gamertag: Jebstone
Edit: Got into the Contracts for the Caterham teams.....
Now I feel at home.
Edit: Looks like Team Shark made it into this game as well.