Didn't try the first but heard this one was playable. Got it for $17 or something. Just got my horse. Graphics are nice and the combat isn't cumbersome.
The voice acting is dreadful though....comical is a good word for it. As if they were litterally laughing when they were recording the lines.
All in all, if you want an open world RPG I would pick it up. So far I would give it a 8/10. Well worth the time to hold you over until Skyrim.