I seriously hope this turns out to be a decent shmup, but I'm not convinced yet
Reiker wrote:2. Main influences behind the title: setting - Battle Garegga, gameplay - Einhander / R-Type.
3. Not a danmaku, but definitely not a euroshooter.
Considering Einhander is the closest commercial Japanese shmups have been to "euroshmupish" mechanics this might not be the best idea, as it will be really easy to overdo it and end up on the wrong side.
Also, if it ends up not being a euroshmup indeed, this would be a first in something like 25 years of western shmup development, lets hope this game finally breaks the pattern.