I pre-ordered this, will be looking forward to be playing it as soon as I can. 

Elaborate!

I'm hoping we get a Quick Look of this game, I have absolutely no idea what it is about but it looks neat.

How have I never heard of this game before?
It looks and sounds excellent.

Hmm gonna check out the demo now. It seems kinda neat.

"Elaborate! "

<3 I feel in love with it last night with the demo. Downloading now, love to play with some GB fans. :D

" @Noodles:  You could just play the demo? ^^  I preordered it and am now installing the game - Will be playing it for a little while in a bit - I liked the demo and am really liking the concept of it. "

Downloading the demo now mainly to see how it runs on my crappy laptop, I'm guessing terribly...
 
But even if it runs ok I might wait a while to get it on a sale.
 
edit: yep, runs like utter crap, too bad....

I wonder when the Xbox 360 version will be out.

I hate to be that guy but the backgrounds look prerendered? What is the max resolution for this game? 

I don't like to play as a mage, but this looks different enough. Do you think I'll like this? :P

5 minutes on the demo was enough to convince me to buy it. Would love to see a Quick Look of this to make more people aware of it! Although I'm not holding too much hope of that.

Once upon a time in a generic fantasy world...
  

Im on level 3 out of 13 currently... i think anyway - maybe level 4...
 
Humour has been quite good but casting spells is already becoming a bit tedious - The game does however make you realise how much your characters work when you just press that *fire Ball* button in other rpgs xD...
 
It's good but just taxing after a while...
 
Haven't tried MP yet but you can skip a lot of mobs in SP - with no real loot and no xp etc there is little point to killing everything other than to see what does what.
 
It's a really good and fun game but I don't think it will have much holding power over me personally after 1 or 2 runs of it.
 
Just my opinion of course and this is based off about 60-90 minutes of gameplay

"no quest management, no inventory, no stats and no mana bar" 

" @MuttersomeTaxicab said:

"no quest management, no inventory, no stats and no mana bar" 

I love action-RPGs, but that kinda puts me off a bit.... it's just that I love me some loot and inventory management to break the monotony of the usually generic combat of action-RPGs. I'll be waiting for a quick-look (if there will ever be one...) before making up my mind ^^ "

We need a Dave + Vinny Quick look. 
 
You could throw Ryan in there as well.

Two words comes to my mind by reading this (and and all over the internet) topic:
"Feel" and "Fell"

" I hate to be that guy but the backgrounds look prerendered? What is the max resolution for this game?  "

" @ryanwho said:

" I hate to be that guy but the backgrounds look prerendered? What is the max resolution for this game?  "

Don't feel bad, I thought they were prerendered as well. They're not though! Max resolution for this game is 1600x1200. "

The achievements for this game are awesome:
 
http://steamcommunity.com/stats/Magicka/achievements

 Here you have an insight of what the game looks like from Kotaku.

1: It's Freezing
What is technically possible: Deploying a close-range blast of ice to freeze a massive monster in its tracks, allowing one of your friends to quickly throw a rock at the frozen creature to shatter it into a thousand pieces.

What you will do: Deploy a blast of ice to freeze a massive monster in its tracks, allowing one of your friends to fling an unnecessarily large stone at it, only to miss and hit you instead, crushing your frail sorcerer instantly and sending your corpse bouncing clean out of the level. The monster unfreezes, turns and begins chasing your friend around in a Benny Hill style.

2: My Protector
What is technically possible: Using shield elements with the "area of effect" casting button creates a glittering, impenetrable dome, with plenty of room for the whole team. Need some time to heal? Not sure what to do next? Swamped by goblins? Just throw up a shield and huddle together to discuss your next move.

What you will do: Yell something vague over teamspeak like "GUYS, ME, BUBBLE," and cast your shield spell with none of your team-mates actually inside it. With no small amount of horror you'll realise that you did manage to trap a couple of goblins inside with you, though, meaning you need to get out now. Your mind races- what breaks a shield? What's the most powerful spell you have? Of course! The arcane beam! You charge a real murder-mother of a beam as the goblins bear down on you, release it and… remember that arcane and shield are opposed elements. The beam ricochets cleanly off the inside of your dome, bounces four or five times and finally collides with you, popping your flesh and mind open like a bag of crisps. In time the dome sputters and fades of its own accord, and the two goblins within join the mob attacking your friends.

3: Zzzap!
What is technically possible: Get your whole team to cast spells of water protection on themselves, summon a rainstorm, and blast the bejeezus out of your wettened enemies with lightning blasts while you guys remain toasty dry.

What you will do: The one of you responsible for the complex rainstorm spell screws up the casting and gets a sort of riot-hose effect instead. Another of you screws up the water protection spell, gets splashed by the hose and all the lightning elements he was charging get shunted through his body for massive damage.

4: Lightsaber Sucking Blues
What is technically possible: Infusing your sword with arcane energy leaves it causing so much damage with such a bright trail that it might as well be a lightsaber.

What you will do: Remembering this, you'll flood your sword with arcane energy, go sprinting up to the troll that's been terrorising your group and, with a child's innocence, watch as the troll slaps you with its cleaver for 5,000 damage before you could even press the attack button. You're a wizard, not a jedi. Idiot.

5: Don't Cross The Streams
What is technically possible: Mixing anything with arcane and then casting it as a projectile creates a tremendous beam of energy. If more than one of you cast these beams and then angle the beams into one another, the beams will become one and damage will be magnified immensely, allowing for the meticulous wholesale slaughter of monsters.

What you will do: Two people from your team will do exactly this. A third member of the team will see what they're doing and fling a beam of his own into the mix. Amazing! Trembling with excitement, the fourth member of the team will forget the healing spell he was charging and start charging arcane so he can get involved too, neatly forgetting what happens when beams of opposing elements mix. The fourth player's forgotten healing element infiltrates the choreographed death ray like a murderer creeping in through an unlocked window, causing an epic explosion that kills the entire team instantly.
 
EDIT:I'm terribly sorry, turns out this article originated from Rock, Paper, Shotgun.
 
Forgive my lack of reading skills.

Really fun game with an awesome premise. Making spells is a interesting idea and is fun. My main problem are the controls, which are pretty bad in my opinion. I don't like the drag left click to move (why not just use standard right click like every other game like this?). Also, I sometimes feel like there's too much to manage with having to consider not only what elements to pick but then remember what button you want to use (right click, middle or shift+right) is tough to do in the heat of things. Regardless though, it's a neat idea and they did a good job with it. 
 
I wish I could try multiplayer though, as that has a lot of potential. 

Anyone else having performance issues? Also, forcing antialiasing leads to some wonky results along the edges (looks dashed). 

And how!

" Really fun game with an awesome premise. Making spells is a interesting idea and is fun. My main problem are the controls, which are pretty bad in my opinion. I don't like the drag left click to move (why not just use standard right click like every other game like this?). Also, I sometimes feel like there's too much to manage with having to consider not only what elements to pick but then remember what button you want to use (right click, middle or shift+right) is tough to do in the heat of things. Regardless though, it's a neat idea and they did a good job with it.  I wish I could try multiplayer though, as that has a lot of potential.  "

It feels awkward and clumsy at first but once you get used to it this game is a ton of fun.  Especially with 3 friends -- It took us like 50 minutes just to get through the first stage cause we kept having wizard battles. 

Any word on the 360 version? Either that or a Mac version :D 

From a video I watched, it seems worthy of a shot this weekend.

Is this out for Xbox Live Marketplace yet? I've looked and just cannot find it.

This game is fantastic.  Buggy, but fantastic.  I'm hooked - not sure how much depth is here but the gameplay is innovative enough to warrant your $10

So far, this game has rocked my socks. It's hilarious and I'm loving all the spell combinations. 
 
My only gripe is that you MUST beat a level before quitting the game, otherwise it'll start you right back at the beginning when you boot it up again.