The graphics aren't anything spectacular, but they have a nice, clean look to them. I think it actually looks better than Fleet Operations, the revamp of ST: Armada II.
So the trailer shows some footage of the Cardassians and the narrator says old enemies become allies, yet the general game info says Federation and Klingons are the playable factions. I'm hoping that there's a chance races like the Cardassians will be a playable race in later patches.
The sample soundtrack sounds great, but I'm interested to see what the bar has to offer for player gathering in terms of trade and communication as well as achievements, advancement, credits, and inventory.