So, I read Vaxeks' review to see what may have changed between then and now. Mainly, as SpellForce: The Order of Dawn received a 65% (a point above failure), I wanted to see what his complaints were.
One complaint he had was that, while the game had great sounds and epic music, the music would get really dramatic for what amounted to small, short skirmishes, which diminished the music's impact when there actually is an epic battle. I found the music to be well done and moving, but the sound effects really gave SpellForce 3 an immersive quality, from the running water, to the birds and crickets, to the lumberjacks chopping down trees for lumber. He also found the voice acting to be very flat. The voice clips I've heard in SpellForce 3 are well done and in character, but, as of this writing, the Campaign Mode is not available and you can only play as the Goblins/Orcs, so how lines more elaborate than "Death!" and "Kill them All!" will come out are yet to be seen.
Mind you, while the only mode available is Multiplayer Mode, that doesn't mean you have to play against other people. If you want to try it out without giving another living, breathing person the chance to pwn you, you can select Multiplayer / LAN, then choose to Host a game and fill the other players with A.I. players.