Varsovian:
First question - how much is known about this new edition?
A lot. The setting has been played for decades, this particular edition has been beta tested for about a year (as per FFG Star Wars standards).
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It's made by FFG, which makes me afraid it will involve countless pricey expansions quite needed for playing, or some special designer dice you need to buy at a high price. So - any information on how costly this game will turn out to be?
It's equitable to FFG's Star Wars.
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Also, what about the system - is it the same system as in previous editions, or did FFG replace it with something new?
It's a hybrid system of old L5R and Star Wars. And I have to say as a fan of their Star Wars and the old editions of L5R, this one is daring and interesting.
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Second question - what's your opinion on L5K in general?
It's not for everyone. Especially not being able to play Murder hobos will turn people off.
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The setting seems interesting, but I've heard opinions that it's actually bad, full of bad research and stereotypes... So, maybe it's just something not worth being bothered with? What do you think?
Some people are extremely stupid. This is not 'mythic japan' and acting like it should be and fails to be is very dumb. It's not even 'mythic asia'. It's a strong blend of the cultures and myths, and yes it's leans heavily on a lot of Japanese myth tropes, but L5R is it's own thing.