It's not bad. It's not good, brilliant or whatever, just not bad. The PC version was plagued with bots and shit that were farming for stuff, so they could sell said stuff on the real cash auction house, I don't know if that transferred over to the consoles or not.
It also got a bit samey samey after a while, after a few hours I was just thinking "how about some sunshine?", it was all drab and dreary, which is the point of the game, but that's the main thing that made me stop playing, and interest waned.
I'm not sure if the consoles will have all the stuff that PCs had, we literally had thousands of goodies, and the map was massive. If so I'll be impressed, but I doubt it.