I don't like the long loading times between areas, shame they coundn't make it seamless somehow.. plus its a shame people can't meet in the movie theatre so you can see comments from other people about whats showing.
I don't think its fair to be overly negative now though as its the open Beta, give a few months and if nothign much changes then its justified. Although for a 2 year wait there seems to be very little added since the initial screenshots.
I always took the orange and especially the red races to mean you cars is to crap for these, don't even bother trying. First win more green and yellow races, upgrade your car and then try and beat them later when the difficulty is reduced.
I'll get this one on PS3 (makes a change) just because I played the 360 demo and I couldnt pull off a dragon punch consistently with either the stick or dpad. As mentioned on the bombcast If I had an arcade stick id prob pick it up on 360.