I got it and played one game as the Reds vs. Indians, which I lost 6-3. Cleveland scored all 6 in one inning as Milton just lost all command and the bullpen poured gas on the fire. (Sounds like a familiar scenario, huh?)
The Reds are ranked #20, which I think is fair. (Cleveland is #21, FYI.)
One major roster error I found was Magglio Ordonez on the Mets. I'll have to connect my PS2 online to update that.
I started to get into owner mode but it just seems too time comsuming, dealing with finances, the minors, etc. I think I may just do a franchise mode with a fantasy draft, along with a regular franchise with the Reds.
There is a new mini-game feature that I toyed around with and it seems rather fun, and a good training tool. The batters eye features are also a major upgrade over last year's version.
If anyone has any specific questions, I'll do my best to answer.