Can't believe I completely missed the news, I remember being really excited when they first joked about collaborating however many years ago.
Unfortunately, I hate to say it but the game looks to be a bit, well... crap. 
Visually it reminds me of Swery's first indie game, THE MISSING: J.J. Macfield and the Island of Memories which was also a rather spartan-looking 2.5D platformer with whacky visuals and tons of violence. I assume that's a limitation of the probably tiny budgets he's working with these days, so I guess I can't harp on him too much for it, but still, it's disappointing to see when his early games had him ambitiously punching way above his weight class.
As someone who loved Deadly Premonition it's just sad to see Swery continue to flounder.