Had my first blat on this last night as a guest. It's good. It captures the tension that is present in DayZ very well, without royally shafting you with what could easily be mistaken as an intentional contender for the most terrible inventory system ever.
So yeah, great tension, looting goodness, other players of the good, bad and ugly varieties. Graphics look nice, sound is... serviceable. Animations are pretty basic but I'm there for the gameplay. And the inventory management is a dream after playing DayZ.
Just a word of advice for other newbies. I don't think body hits with a melee weapon do much to zombies. I wailed on the first one I met with a baseball bat for a good two minutes. Blood and gore was splattered all over the show but she was still chasing me around screeching like a banshee. It wasn't til I asked on chat and was advised to aim above their heads that I was able to down her.