Loving the game thus far. 100% worth the wait.
Pros (IMO):
Visuals are incredible.
Presentation is very well done. "Classy: is the best way I can describe it
Plenty to do other than race with the painter tools, community tools, storefront, etc.
Car handling is impressive.
For achievement whores like me

they come fast and furious. Pretty easy overall. (2.5 hours gameplay and 16 achievements already)
Fantastic tracks.
Cons (IMO):
Load times between screens and races seem a bit long
AI can be weak at times
AI seems to hold line for the most part no matter situation. At times opp. cars look like they are on a rail
Some cockpit views only show half of rear view mirror. Why? I have no idea
Have not played any public online yet but I played a couple of buddies last night in private races and it was pretty much as expected. No surprises, although we just played a standard race and nothing new. I do like the fact that you gain credits and XP towards your career no matter where you race. This helps to eventually unlock all or the majority of the game wothout feeling you wasted time on racing with no reward (other than bragging rights of course)