False. This game is great.

The storyline was a great concept and whatnot, and I think extremely original. It just had bad pacing.

Lack of character development? I thought there was a fair decent amount, actually. And the characters were all likeable, to me anyway, and XII is one of the only FFs to have a cast that I enjoy in it's entirety.

I don't feel there were too many cutscenes either, because I was never really bored.

Either way, the good out weight the bad, and with the hundreds of extra things to do I really do like this game.