EA's promo info videos are worthless until we actually see the game. It's the same sort of hype they released for... wait for it... Elite 11.
If history really tells all, then EA's lying through their teeth again and the game won't be released. But in all seriousness, if we are to trust EA's history and realities we know about their development situation, it'll probably be a bad to mediocre game with some interesting pieces of tech at the very best.
Anyway, you can't cite history and not have it cut both ways. And it doesn't cut well for EA and Live at all.