In short: It's a demo right now, and as such it's almost flawless:
Pros:
-) The models look gorgeous (especially if you are into full-breasted Milfs, that is)
-) Almost everything is animated
-) Renders and Interface look very appealing and professional
-) ...as do sound and music
Minor cons:
-) Fonts and background at times too similar in color
-) Loops aren't always seamless
-) No meaningful dialogue (yet)
-) Story seems to aim for the same, old demon-super powered narrative
Since I consider this to be little more than a tech-demo, I don't care much about the lack of any story or captivating dialogue. It is however the strengths of this demo that keep me worrying... but why, WHY would I say such a thing?!
Well most of the work for this demo clearly has been outsourced. This demo and some trailers took about 2 years of development and 24.000$ (that's my best guess, since Psychodelusional made on average about 1.000 bucks per month on Patreon). I'm afraid that the very high production values of this game will make it's development prohibitively slow and expensive, eventually grinding it to a halt.
To me this demo has all the hallmarks of a perfectionist's work, who's at risk to bite off more than he can chew, so I'm not really getting my hopes too high up.
Frankly I'd much rather prefer a simple VN with these nice models, a new, fun and refreshing story, plenty of Psychodelusional's unique sense of humor, and monthly updates. As it stands right now, be prepared to get a beautiful, fully animated update every 6 months or so, until the dev gets bored, frustrated or decides to keep more of the money for himself.
But maybe I'm just too pessimistic, and Psychodelusional really is the new NLT. As it stands right now at least, this short demo looks absolutely stunning.