Just an embarrassing release state.
Everything lags when too many effects happen on screen, often leading to death and wasting 30 minutes of progress. Climbing feels incredibly clunky, and you get stuck all the time. Not to mention the 60 FPS lock. The game is only somewhat enjoyable in a group of three friends.

It’s fun at times, but overall it feels incredibly lazy. I don’t understand the long development time, because nothing feels polished or finished—even conceptually. There’s almost nothing new; most of it is recycled from Limgrave assets. They clearly have more content available, yet you're stuck playing the same old map for the entire game.

From every other Studio this would be a solid game. But you know its FromSoftware and you know elden ring already exists for such a long time.